IT sucks really. A lot of poor business decisions in the absence of revenue. Very similar to the dot com boom and the weed boom. all kinds of foolish valuations and deals being done in a complete absence of fundamentals.
in all those cases the only people who made money were the ones that sold their companies in to these runs and/or sold their stock and took profit and frankly there is not a damn thing wrong with that.
But there is a path of destruction here. bagholders yes, landlords ( he will survive) contractors and employees
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