Hacker News new | ask | show | jobs
by zhjansbnas 3078 days ago
People with no product raising many millions just by mentioning blockchain - what more do you want?
2 comments

I'm going to remember this one for a long time! https://www.bloomberg.com/news/articles/2017-12-21/crypto-cr...
right but the dot com bubble included Google and Ebay and a lot of other legit companies. Maybe one can argue that bitcoin and Ethereum are the analogs but only time can tell
They can't be Google. Google survived the bubble by staying a small private company that bigger companies didn't see as worth acquiring. It saved them from dying with those companies when the bubble popped.
I don't remember Yahoo or AOL dying in the bubble. (They died later)
AOL had been slowly dying since it's 2000 merger with Time Warner. It's just so large that it's been flailing about for almost two decades.

I'll give you Yahoo. While their current demise may have been related to wounds from the dot com bubble, I think they could have been fine had they not overexerted themselves trying to return to glory. I can't blame them for trying, though.