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The best way to profit from the gold rush is to sell shovels and pickaxes. Reminds me of the story of a saloon during the original California gold rush that wo
by thejteam 15y ago
The best way to profit from the gold rush is to sell shovels and pickaxes.
Reminds me of the story of a saloon during the original California gold rush that would sell a bowl of soup for an astronomical sum. The people who stuck it rich would buy it so they could brag about how much they paid for a bowl of soup. Not sure how true it is, but believable.
- arram 15y agoActually, our customers aren't just funded startups. We've got accounting firms, consumer electronics companies, design firms, law firms, media companies, telecoms, etc.
- patja 15y agoa bowel of soup? no thanks!
- dctoedt 15y agoSort of like haggis [1], right? [1] http://en.wikipedia.org/wiki/Haggis http://en.wikipedia.org/wiki/Haggis
- theorique 15y agoReminds me of a joke about Russian oligarchs in the late 90s (when Communism collapsed, a lot of state industries were privatized, and a lot of people got rich very quickly and messily). Two 'new money' Russians are riding in a limousine in Moscow, and one says to the other "You know, I paid $1000 for this tie". The other guy says, "Idiot! I know a shop where you can get that tie for $2000!"