Allbirds' Move to AI Has Echoes of the Dot-Com Frenzy
Posted by Brajeshwar 23 hours ago
Comments
Comment by cdrnsf 21 hours ago
Echoes of? It's screaming it through a loudspeaker that has a flashing neon light attached.
Comment by vondur 20 hours ago
Yeah, when I first read about this I did a double take and wondered if this was something from April Fools. Looks like a some kind of stock manipulation to me.
Comment by stringfood 18 hours ago
loudspeakers echo too just saying
Comment by nradov 18 hours ago
This is just a regular pump-and-dump scam using the stock market listing of a defunct company. The Wall Street Millennial channel put out a good video if you want details.
Comment by Pwntastic 21 hours ago
Comment by guywithahat 19 hours ago
Did they actually move to AI or did they sell off all their assets and get taken over by an AI company who wants to skip the IPO process? Because I’m petty sure it’s the latter
Comment by stringfood 18 hours ago
The original announcement said they were "seeking" to go into AI
Comment by tadfisher 12 hours ago
There is no AI company.
Comment by ChrisArchitect 20 hours ago
Discussion on the stock jump: https://news.ycombinator.com/item?id=47778762
Comment by ChrisArchitect 20 hours ago
Discussion on the annoucement: https://news.ycombinator.com/item?id=47778038
Comment by johnwhitman 17 hours ago
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