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A comment on RIP Good Times (2008). Parent comment

Re:RIP Good Times (2008) by VirusNewbie on Thursday May 19, 2022 @07:21PM (#31441467)
I don't even know how you can compare the recession of 2001 to now. Apple has literal hundreds of billions of cash reserves and is printing money. Pets.com had almost no revenue. These are not the same thing.
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Re:RIP Good Times (2008) by foobiekr on Thursday May 19, 2022 @07:47PM (#31441698)
There are plenty of pets.coms running around right now. They have revenue but are structurally poor businesses with terrible unit economics which is why they constantly announce entry into new markets that will go nowhere. Uber, Lyft, … there are tons of these. Go look at the cash flow statements for many of the hype companies and realize they buying revenue isn’t the same as having a company.
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Re:RIP Good Times (2008) by dmitrygr on Thursday May 19, 2022 @07:35PM (#31441593)
Don't think Apple, think Open Sea or Bitfinex
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Re:RIP Good Times (2008) by babyshake on Thursday May 19, 2022 @08:15PM (#31441882)
OpenSea has a fine business, just not a $50B valuation or whatever nonsense they are claiming.
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