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Investors and fans say "but, but my stock isn't overvalued! Mine is the exception, its everyone else who is in the bubble!" It was true if you held Google stoc
by stcredzero 10y ago
Investors and fans say "but, but my stock isn't overvalued! Mine is the exception, its everyone else who is in the bubble!"
It was true if you held Google stock.
- drzaiusapelord 10y agoGoogle had a search monopoly. It trounced all competition trivially. I remember Google absolutely dominating the market and everyone shifting away from hotbot, yahoo, etc within a year or so. Anyone can, and does, make an electric car now and ones that don't cost $90,000. These aren't remotely comparable scenarios.
- Lambdanaut 10y agoYou've got impressive hindsight.
- stcredzero 10y agoLots of people made search engines back then.