In 2021-2022, the e-commerce bubble popped 🫧
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daviefogarty

2024-03-26 15:55:42

twenty twenty one twenty twenty two the e commerce bubble hot and major driver was actually aggregators aggregators are people that buy businesses and then use something gods called a multiple arbitrage to the multiple arbitrage that is where you
kind of buy a business for either three times or five times its profit
and then they go to like an investment fund or a vc fund
and then they raise at a multiple of like five to ten times profit so they're basically using a money hack
to
buy businesses and then they were planning to go public so the aggregators they raise like twelve billion dollars in twenty twenty one mainly led by tracy over raised like three billion dollars
and
now you don't really hear much about them because the whole model just collapse