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HN: just out of curiosity is there any examples of companies that have tanked based on speculation of failure regardless of track records? Ie: Speculation lead
by lichichen 15y ago
HN: just out of curiosity is there any examples of companies that have tanked based on speculation of failure regardless of track records?
Ie: Speculation leads to lower investor confidence leading to pulling out of investments and so on so forth
- raganwald 15y agoWhen you say "regardless of track record," what is being discussed Ad Nauseum is whether Groupon has a track record of success or not. This is different than a company that has a consensus track record of success but is battling some unrelated speculation. It's almost the other way around: Groupon spends $1.43 to buy $1.00 of revenue, but boosters are speculating that they can pivot their model or harvest more revenue from their merchants and email list to make $1.44 revenue from every $1.43 they spend.
- aninteger 15y agoSega and the repeated negative news on the Dreamcast. It was a great system, and ahead of it's time (compared to the PS1).