dotcom

953 days ago

Dispersion Holdings Blimp Investment - this is so “2001 dotcom lunacy” can anyone explain it to me?

Maybe I am just a dinosaur. I wrote the same sort of articles back in 2001 asking why a start up company with websites selling masturbating gnomes was suddenly worth £50 million. Of course clever young folks just said I was a dinosaur and that the world had all changed and I did not get it. These days it is NFTs and tokens. I have covered the tawdry Bixby/Edwards/Novum spivs enterprise Dispersion Holdings (DEFI) before but I challenge anyone to explain the business case of its latest investment.

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1173 days ago

Tom Winnifrith Bearcast: so they took off the trousers of some chaps and made them cut their hair

I start on the Greek Albanian border in the 1970s. Then it is onto the dotcom boom in 2000 and bitcoin now and the idea of Institutional acceptance and validation. Then it is onto Versarien (VRS) and Supply@ME Capital (SYME).

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1521 days ago

MAJOR EXPOSE: The Future House built on sand - Part 1 overstated organic revenue growth

Future PLC (FUTR)  floated on AIM in June 1999, in the midst of the dotcom bubble. It listed at 385 pence per share, raising around £173 million, and valuing the company at £578 million. Within a year, its shares had risen by more than 100%. Within 2 years, its shares had fallen by almost 95% as its investments into new magazines and web sites failed to pay-off. While revenue jumped, it began to rack up losses.

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