Just like cassettes and VCR's killed the media industry. | Hacker News

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		michaelcampbell on Sept 4, 2021 \| parent \| context \| favorite \| on: How did American “wokeness” jump from elite school... Just like cassettes and VCR's killed the media industry.

trident5000 on Sept 4, 2021 [–]

I dont really get your analogy; thats not the argument being made here. An initial offering industry/mechanism isnt going anywhere, it will just likely gradually shift from IPO to ICO. The reason bankers make absurd fees from IPO's isnt from their due diligence, its from market access. Thats coming to an end.

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