5 ms·
The hard part here is "ultimately shown to be dishonest" - who is privy to what is said in boardrooms and sale negotiations? How about just examples where the i
by stickfigure 5y ago
The hard part here is "ultimately shown to be dishonest" - who is privy to what is said in boardrooms and sale negotiations? How about just examples where the investors managed to get out just before the bubble popped?
The canonical example would be Broadcast.com, which made Mark Cuban a billionaire.
https://en.wikipedia.org/wiki/Broadcast.com https://en.wikipedia.org/wiki/Broadcast.com
1998 IPO at $1B valuation
1999 bought by Yahoo! for $5.7B
2002 shut down