The Fall of Cisco and the Truth About the Stock Market
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Do you know which company was the first in the world to reach the $500 billion mark? Popular guesses would probably include Apple, Exxon, and Google, but the first company to reach $500 billion was actually Cisco, back in 2000. At the height of the dot-com bubble, Cisco was the most valuable company in the world, with a market capitalization of over $500 billion. However, since the dot-com crash, despite Cisco's best efforts, they have been unable to return to their former glory. Currently, their market capitalization is barely half of its peak, approximately $250 billion. To make matters worse, Cisco has made several acquisitions over the past two decades. This means that Cisco's core valuation today is even lower than $250 billion. This video explains Cisco's fall and why they haven't been able to recover the highs reached in the dot-com era.
00:00 - CISCO
1:06 - THE FOUNDING COUPLE
05:28 - FLYING HIGH
08:21 - RETURNING TO GROUND
10:16 - STAGNATION
12:39 - UNCERTAIN FUTURE
Thumbnail Credit:
https://zd.net/33NAJnq
Resources:
https://pastebin.com/6viZrKXz
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