this post was submitted on 06 Nov 2023
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Probably never should have tried to make money off hook up apps in the first place. When you have a rotten business idea, eventually the house of cards come tumbling down. I'm surprised it took this long.
Investors made bank either way. Same shit with Airbnb. It doesn't have to be a sustainable business if you can make a shit ton of money in a short amount of time.
So pump n dump has more than one meaning here.
Welcome to capitalism. It may not be the best system...but the oligarchs say it's the only one we can have (until NeoFeudalism).