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by shawn_w
29 days ago
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>There was also a company I think who spent hundreds of millions of dollars (IIRC) in creating a large grocery website with buying large warehouses then and basically losing a ton of money. That business also failed quite drastically. Probably thinking of HomeGrocer or WebVan (which bought out the former and then went bankrupt too) |
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> (which bought out the former and then went bankrupt too)
ironic, does make you think if the clock has reached full circle in terms of bubbles but there are just so many similarities within the dot com bubble and AI bubble(TM) which are just so hard to ignore.