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by lovich 104 days 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.

3 comments

It'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.

And yet many of the tech incumbents in today's world came out of that era.
Name 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.

eBay, VMWare, Akamai, Paypal, to name a few.
actually 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

I mean, given your very specific filter, how many companies exist today that were formed in the last decade would be on the list? Stripe?
And yet many of the tech failures came out of that era.