this post was submitted on 23 Nov 2025
23 points (92.6% liked)

Canada

10730 readers
277 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Daryl@lemmy.ca 0 points 3 hours ago

I am referring to the entire dot com bubble collapse, not just the actual market plummet. Zuckerberg came in at the tail end of the dot.com bubble collapse, when investors were very shy and pulling out of their investments. Amazon survived through the entire affair,but took a big hit. The shock waves were still rippling through the market in 2004, but he was still pulling in millions in investment money even though there was zero profit. The burn rate was horrendous. Why was he pulling in investment money at a time when investors had lost fortunes? Because he had a sound business plan that involved financializing the user base through advertising. While other startups floundered, he knew the dot.com era, read it perfectly. Out of the ashes...