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Ask Lemmy@lemmy.world · 3 months ago

"During a gold rush, sell shovels" - What are some other examples of this?

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"During a gold rush, sell shovels" - What are some other examples of this?

neidu2@feddit.nl to

Ask Lemmy@lemmy.world · 3 months ago

A couple of others I can think of:

Crypto-boom of 2016ish: GPUs/mining rigs
LLM/AI hype nowish: User generated data
90’s dotcom bubble: Server space

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3 months ago
When investors are pouring money into tech startups with dubious models, start a bank that connects startups with investors.

Ie Mercury Bank making money hand over fist

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