alt Hacker NewsI’ve always thought “man it would have been a great job selling shovels and pickaxes during the gold rush” back in the day.”
I know, I know, it’s really hard having these insights. We all have our crosses to bear. <giggling emoji>
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jeffbee • today at 1:08 AM
The "picks and shovels" people from the dotcom days all went broke. The stuff they had convinced themselves and their investors was crucial turned out to be not important.
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Even the original gold rush pickaxe guy Sam Brannan went broke, and he practically had a monopoly on pickaxes by buying up the entire supply: https://en.wikipedia.org/wiki/Samuel_Brannan