3 ms·
"Interesting that this "transformation" is pretty close to what Sun and other dot com infrastructure sellers were promising in 1998." Everything promised in th
by jerf 4y ago
"Interesting that this "transformation" is pretty close to what Sun and other dot com infrastructure sellers were promising in 1998."
Everything promised in the dot com boom has basically happened, right down to the much-maligned delivering pet food over the internet.
It just didn't happen fast enough to save them in the late 1990s, and the space was just overinvested even so.
- time_to_smile 4y agoChewy hasn't solved the problem that Pets.com had, we've just had enough free cash flowing around for longer this time so it doesn't matter. When Chewy starts to make more than they spend then it will be interesting, but as it stands now it just looks like we're in a bigger bubble rather than solving problems that couldn't be solved back then.
- RhodesianHunter 4y agoA lot of us order our pet food online from our local pet stores these days.
- xwolfi 4y agoNot enough for profits to generate