Dotcom was just bad valuations due to opaque information. MSTR has been very transparent with BTC acquisition fund raising information.
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That may be true, but doesn't change the fact that startups by percentage have horrible track records and trying to get people to forget that is still a steep climb no matter the business model.
We all know that shoving money into a business doesn't insure success. I think more people need to see the results of the proof of work before they have faith in something. It's normal.