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this post was submitted on 12 Sep 2024
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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so pets.com had a valuation of $87 million (~$159 million adjusted for inflation) right before the market crashed, and that shit’s so radioactive capitalists still use it as an example of a shitty bubble business that never should have been valued that high cause who in their right mind thinks pet stuff online’s worth that much?
this next crash is going to be a fucking doozy isn’t it
But but but the VCs and PE firms have a thesis or something!
I hope all these ghouls lose their shirts.