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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. Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt 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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