Comment on Will AI Startups End Up Like Blockchain Startups?
br3d@lemmy.world 4 days agoOld man here… The first online bubble was probably the dot.com bubble of the late 90s, when lots of people first went “This internet thing is amazing and we’re all going to make millions!” I remember boo.com being one of the first high-profile crashes, but pretty soon a lot of that first wave of internet retail businesses folded, with notable exceptions like Amazon, of course.
jrs100000@lemmy.world 4 days ago
Thats the investor play here. They know most of the hyped companies will end up like AOL or pets.com, but you’ll also have a Google and an Amazon thrown in there which will pay for it all eventually.
WhiteOakBayou@lemmy.world 4 days ago
End up like AOL and get big enough to buy time Warner and make a lot investors very rich? I feel like your downplaying the success of aol. Last I heard that whatever was left of them in Yahoo was supposedly still making money.