Lark Davis|Apr 16, 2026 07:23
BIRD (Allbirds) just announced a total pivot to AI compute infrastructure, sending the stock up to 900%, which makes you think it was a meme coin. What were they doing before the pivot? They were in the footwear business.
History doesn't repeat, but it rhymes. In 2000, adding ".com" to a name was a money printer, and it didn't end well for everybody.(Lark Davis)
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