This Is What Happens After A Bubble Bursts... | Cisco's Plunge
发布时间 2022-01-19 20:00:12 来源
摘要
Do you know which company was the first company in the world to reach the $500 billion mark? Some popular guesses would probably include Apple, Exxon, and Google, but the first company to reach $500 billion was actually Cisco way back in 2000. At the peak of the dot-com bubble, Cisco was the world's most valued company with a market cap of over $500 billion, but ever since the dot-com crash, despite Cisco's best efforts, they have been unable to return to their former glory. Currently, their market cap hovers at just half of their peak at about $250 billion. To make things worse, Cisco has completed several acquisitions over the past 2 decades. This means that Cisco's core valuation is even lower than $250 billion today. This video explains the downfall of Cisco, and why they haven't been able to recover to their dot-com highs.
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Timestamps:
0:00 - Cisco
0:59 - The Founding Couple
3:35 - Flying High
5:59 - Returning To Earth
7:37 - Stagnation
9:39 - Uncertain Future
Thumbnail Credit:
https://zd.net/33NAJnq
Resources:
https://pastebin.com/6viZrKXz
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