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
LLM/AI: also GPUs.
I was thinking that, but figured I’d go for input data instead for the sake of variation.
I can’t wait for the bubble to burst, so we can finally get affordable GPU’s again
Affordable GPUs is a thing of the past I’m afraid. Bubble or not I’m afraid they will never come down.
Whenever I played Roller Coaster Tycoon I would jack up the price of umbrellas right before it rained.
And here I was focusing on making money from the rides like some plebian smoothbrain. Also giving away the maps for free, because my guests always complained about getting lost in my labyrinth of a park with as many rides as I could fit, to the point of basically having four floors/levels in the park.
My friend failed at becoming an actor in LA so he started doing prospective actors’ photo shoots
That’s actually pretty clever. Especially considering that he tried that avenue for himself and therefore knows what any hopefuls would need. Any idea how he’s doing? Is it portraits only, or does he offer additional stuff such as sample tapes?
During a pandemic, sell sanitizer and toilet paper?
But most those guys were pretty much seen as assholes, so I don’t know if this good advice or not.
Yeah, over here we have this former rich guy (he lost his fortune thinking he was better at picking stocks than he actually was.) He got lucky and made his fortune as an early investor in a cell phone company in 2000s, and after that he’s basically become a serial grifter. His covid enterprise was to buy face masks in bulk, repackage them, and resell.
Well, he got hit with a huge fine: The face masks were only approved as long as they remained in their original packaging. Once he repackaged them, they were no longer considered sterile, and as such no longer approved for medical use => false advertising
The toilet paper thing was mostly a result of mass hysteria, not an actual issue of supply and demand. There were some supply issues in Australia IIRC, but most countries would absolutely not have had any toilet paper shortages if people hadn’t all panic-bought far more than they needed
I wonder if all of the ones hoarding toilet paper have managed to use up their stash yet.
I don’t know about that, but I do know I grabbed basically a lifetime supply of hand sanitizer a year or so ago because the grocery store was so overstocked they were giving them away for free, LOL.
No, hand made masks. Especially when it surprises the officials who should have known it was possible and beefed up supplies of the real thing. The first few months of Covid were a wild ride on knowing what would be the best choices of DIY protection, and Etsy and other sites were crazy.
I 3D printed a few dozen of these visor things for my local hospital that took 3 ring binder dividers as face shields/sneeze guards. Several ended up multi-colored because I used the ends of several spools of filament for that.
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
