4 ms·
its just the dotcom bubble all over again, only at a larger scale. Theyre selling a dollar for 1 cent, but theyll make up the difference with volume.
by lovich 8mo ago
its just the dotcom bubble all over again, only at a larger scale.
Theyre selling a dollar for 1 cent, but theyll make up the difference with volume.
- bdcravens 8mo agoAnd yet many of the tech incumbents in today's world came out of that era.
- blitzar 8mo agoAnd yet many of the tech failures came out of that era.
- relaxing 8mo agoName them. 1. Amazon 2. Google 3. Salesforce 4. ??? One that actually sold things. One that was legitimately sector-defining. One that wasn’t a B2C dotcom.
- bdcravens 8mo agoeBay, VMWare, Akamai, Paypal, to name a few.
- relaxing 8mo agoactually sold things, not a dotcom, b2b infrastructure, legitimately sector defining the companies that survived the bust weren’t the ones doing the land grab shenanigans
- mvkel 8mo agoI mean, given your very specific filter, how many companies exist today that were formed in the last decade would be on the list? Stripe?
- jasomill 8mo agoPitches for my new startup: https://www.youtube.com/watch?v=CXDxNCzUspM https://www.youtube.com/watch?v=CXDxNCzUspM https://www.youtube.com/watch?v=KodqIPMbyUg https://www.youtube.com/watch?v=KodqIPMbyUg
- mvkel 8mo agoIt's more like "Tesla is going to be bankrupt imminently" all over again. Name a time in history when a company with an industry-defining product with huge demand failed under the weight of cash flow, or regulation. Frontier AI is very close to a zero sum game. Focus on profit, and you will lose.