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by hack_fraud13
757 days ago
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Tech pump & dump in a nutshell --> find trend/exciting tech, make it user friendly/tailor it to niche, sell. It adds value -- OpenAI isn't going to bother making special AI chatbots for car dealerships or whatever. These companies aren't going to hire coders since that's not their main line of businesses. So someone has to come in and middleman. Maybe calling it a pump & dump is unfair, but there's no denying that the core technology is not in the hands of these startups. These small companies get decimated once the big companies see enough $ in their niche (which is what happened in the early days of the net, too). Fortunes will be made and lost. It's the American dream. |
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