People keep thinking this is like the dot-com bubble - it fucking isn't.
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People keep thinking this is like the dot-com bubble - it fucking isn't.
Back then investors threw millions at completely untested businesses which would go on to lose so much money that they would fail.
This time investers are throwing billions at businesses already losing that much money, which use said billions to pretend like they aren't failing.
One of these is very, very stupid.
The other is far stupider & also suicidally insane.