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Drone bubble bursts and wipes out startups, according to Bloomberg

H

Haye Kesteloo

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Over the Labor Day Weekend, Bloomberg posted an article that talks about how the drone bubble has burst, wiped out startups, and hammered venture capital firms. Since the start of the decade, many millions of dollars have been generously poured into the unmanned aircraft industry and even though drone applications are still expected to impact a wide variety of businesses, ‘for now, all that over-heated enthusiasm is getting a cold blast of reality.’

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