Ibotta Lemon -- August 14, 2024

Locator: 48410LEMON.

Updates

August 26, 2024: Amazon aggregators feeling the pinch. That dot-com bust? Exhibit A:

Original Post 

No, I never invested in Ibotta. 

We'll discuss this later.

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Dot-Com Bubble

Ibotta reminds me of the dot-com bubble. 

From my perspective, the dot-com bubble was nothing more than venture capitalists throwing millions (billions?) of dollars to Harvard MBA graduates who were building websites -- with or without a viable product.

Not part of the 2000 dot-com bubble, but Ibotta seems to be cut from the same cloth. 

How it works.

I'll be surprised if Ibotta is still active ten years from now.

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Disclaimer Briefly 

Reminder

• I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
• Reminder: I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple.