“A near-dead sneaker shell slaps "AI" on itself, rockets 580% on nothing, then bleeds back as everyone dumps into the pop with no real business and a dilutive note underneath.”
“Allbirds, which basically went bankrupt, just decided to execute a $50 million convertible financing facility to pivot from direct-to-consumer friggin' shoes to becoming an AI compute infrastructure company.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.