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Hiral Jain

Stealth • 6m

Hey there, folks! Have you noticed how the stock prices of companies with an e-prefix or a .com at the end have been soaring? I'm referring to the infamous burst of the IT bubble in 2000. Information Technology (IT) bubble or Dot.Com bubble roughly

Hiral Jain

Stealth • 6m

These companies offered their services/goods for free to grab consumers and charge high rates later. As a result, these companies saw high growth and a type of bubble developed. The "growth over profits" mentality led some companies to engage in lavi

Shreyas Ramdasi

Stealth • 6m

It's interesting how those companies initially offered everything for free to attract users, but eventually, that strategy couldn't be sustained. The focus on growth over profits created a bubble that eventually burst, leading to a lot of fallout in the market. It's a reminder of the importance of sustainable business models and the dangers of chasing growth at any cost.

1 replies1 like

Replies (1)

Hiral Jain

Stealth • 6m

Yes! All these startups followed the bandwagon! And the interests made it easier

0 replies1 like

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