Dotcom scams included "vendor financing", where telecom equipment providers invested in their customers who built infrastructure: https://time.com/archive/6931

Dotcom scams included "vendor financing", where telecom equipment providers invested in their customers who built infrastructure: https://time.com/archive/6931645/how-the-once-luminous-lucent-got-into-double-trouble/ https://time.com/archive/6931645/how-the-once-luminous-lucen... The customers bought real equipment that was claimed to be required for the "exponential growth" of the Internet. It is very much like building data centers.