Allbirds shares soar 600% as it pivots from footwear to AI

james-clef

What a pivot. I was thinking their investors may have some questions, thinking they were getting into sneakers and then finding that position is actually an investment in AI. Not good if you were trying to diversify but the 600% gain probably softens that for now. Kind of reminds me of the dot com bubble stories though. 600% increase on what seems to be a plan at this time.

ChrisArchitect

[dupe] https://news.ycombinator.com/item?id=47778762

beardyw

Earlier today Jack made a dramatic pivot from cow to magic beans. Later we have an interview with his mother.

FireBeyond

This saddens me. They were very comfortable apart from anything else, suited my wide feet. You could order in 1/4 sizes and could even order a different size for each foot, like a 9.25 on the L and 9.5 on the R.

AuthAuth

Why would anyone want to invest in a shoe company turned GPU-as-a-Service company? This seems like the biggest grift ever.