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by acdha
54 days ago
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Allbirds was a shoe company which was failing due to poor management but saw their stock spike when they said they were pivoting to AI. https://finance.yahoo.com/quote/BIRD/ This felt a lot like the various companies which got a lot of attention for taking an existing business concept, adding “on the internet”, and cratering when it became obvious they lacked a viable business. |
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