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by gooseus 330 days ago
Everyone knows it's mostly bullshit, but that _someone_ is going to end up coming out as the Amazon-level winner.

Every single one of these "fake it till you make it" AI CEO/Founders are betting they are the Amazon.com and not the Pets.com... but if they are the Pets.com then what is the downside?

The CEO of pets.com certainly didn't end up out on the streets for being the biggest disaster of one of the largest bubbles and effectively burning billions of investor dollars (including institutions investing pensions and retirements funds).
1 comments
jimbokun 329 days ago
Looks like she ended up with a net worth over $20 million so I guess you're right:

https://www.quiverquant.com/insiders/1780458/Julie%20Wainwri...

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DonHopkins 329 days ago
Even the sock puppet sold for $125,000.

You can buy a hell of a lot of dogs and socks for that much.

https://en.wikipedia.org/wiki/Pets.com#Sock_puppet

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