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

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

	▲	vondur a day ago \| parent \| next [-]
		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.
	▲	stringfood a day ago \| parent \| prev [-]
		loudspeakers echo too just saying

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nradov a day ago | parent | prev | next [-]

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

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Pwntastic a day ago | parent | prev | next [-]

https://archive.is/jcJIe

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guywithahat a day ago | parent | prev | next [-]

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

	▲	stringfood a day ago \| parent \| next [-]
		The original announcement said they were "seeking" to go into AI
	▲	tadfisher a day ago \| parent \| prev [-]
		There is no AI company.

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ChrisArchitect a day ago | parent | prev | next [-]

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

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ChrisArchitect a day ago | parent | prev | next [-]

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

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johnwhitman a day ago | parent | prev [-]

[dead]