Re:Sam Bankman-Fried vs. the Match King
by caminante on Sunday November 13, 2022 @03:02PM
(#33586753)
Parent is referring to the "collapse," which was post-tech bubble bursting and due to accounting fraud (not a bubble pop).
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Re:Sam Bankman-Fried vs. the Match King
by schlumpf on Monday November 14, 2022 @03:23AM
(#33591444)
The accounting fraud was a response to vanishing profitability brought on by the Dot Com bust [0].
[0] https://harbert.auburn.edu/binaries/documents/center-for-eth...
Re:Sam Bankman-Fried vs. the Match King
by caminante on Monday November 14, 2022 @11:06AM
(#33596052)
Your source doesn't make that connection clear at all. I'm not seeing any connection to the bubble, just overlapping years and "technology" keywords.
Can you please quote the paragraph(s) from your source tying vanishing profitability to the "Dot Com bust".