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Dotcom-style revenue swaps? "Internet infrastructure companies were simply swapping equipment and putting it on their books as revenue. They essentially handed
by nivertech 9y ago
Dotcom-style revenue swaps?
"Internet infrastructure companies were simply swapping equipment and putting it on their books as revenue. They essentially handed pieces of paper back and forth and called it money."
https://www.inc.com/niel-robertson/brilliant-failures/dot-com-mistake-silicon-valley-start-ups-still-make.html https://www.inc.com/niel-robertson/brilliant-failures/dot-co...
- thisisit 9y agoThat was an illuminating read. I think the whole ICO system might be something similar.