Has anyone asked AI which AI stocks we should buy?
Ag CPA said:
I have no doubt the AI bubble will end badly at some point (because otherwise it wouldn't end, right?) but I'm tempted to dump my IRA into NVDA and catch another 10-20% this month.
huh? started happy hour a little early today?LMCane said:
wait- you mean Pets.com didn't have a good business model when it turned out they couldn't actually ship large bags of dog food?!?!/
Pets.com attracted big-name investors, such as Amazon, despite the red flags in its business model.
The company raised $82.5 million in a February 2000 IPO but filed for bankruptcy nine months later.
Pets.com appeared to have a flawed business model from the start, which included competition with pet stores and having difficulty shipping large ideas, such as dog food bags.
The Rise
Pets.com was based on an Amazon-style internet purchasing system where users ordered pet supplies from the website and the company arranged the delivery. During the dot-com bubble, Pets.com was one of five online pet stores that popped up during this time.
Pets.com stood out thanks to its stock puppet mascot and catchy slogan. The Pets.com's sock puppet was so popular that it was a balloon in the 1999 Macy's Thanksgiving Day Parade.