There’s a book called Burn Rate, written by Michael Wolff and published in the late 90s, which describes how internet businesses operated during the “gold rush years”, and the truth is they still work the same way now.
978-0684856216
A very good read.
Wow, screwed by one bubble popping, he decided to invest in soap manufacturing…
Are any of those new companies worth even 1/20th of their stated value? Slack I liked, as a user, but it’s not that special.
It’s no wonder that they’re all fans of cryptocoins. It’s only a short hop from their fairy gold empires to money that’s about nothing.
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