Allbirds' Move to AI Has Echoes of the Dot-Com Frenzy

33 points
1/21/1970
a day ago
by Brajeshwar

Comments


cdrnsf

Echoes of? It's screaming it through a loudspeaker that has a flashing neon light attached.

a day ago

vondur

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.

a day ago

stringfood

loudspeakers echo too just saying

a day ago

nradov

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.

https://youtu.be/GXce34Va_Xs

a day ago

Pwntastic

a day ago

guywithahat

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

a day ago

stringfood

The original announcement said they were "seeking" to go into AI

a day ago

tadfisher

There is no AI company.

a day ago

ChrisArchitect

Discussion on the stock jump: https://news.ycombinator.com/item?id=47778762

a day ago

ChrisArchitect

Discussion on the annoucement: https://news.ycombinator.com/item?id=47778038

a day ago

johnwhitman

[dead]

a day ago