How A YouTube Review Exposed An $8 Billion Company | Logically Answered

How A YouTube Review Exposed An $8 Billion CompanyThanks to Storyblocks for sponsoring this video! Download unlimited stock media at one set price with Storyblocks: https://storyblocks.com/LogicallyAnsweredHave you ever wondered what sort of impact a YouTube review can have on a product or company? Well, it can be quite big, as seen with the case of Fisker. Fisker was an emerging EV company that was looking to take on Tesla and Rivian with their new Fisker Ocean SUV. To be completely fair, the Ocean was very much an underwhelming EV, especially for its price. Software was glitchy, certain features didn’t work, and the company as a whole had a lot of financial issues behind the scenes. Though this is largely unsurprising for a scrappy startup trying to bring a new vehicle to market. After all, Tesla’s used to be plagued with issues, and the company flirted with bankruptcy several times before the finally made it. But that was in the early days of EVs. In the 2020s, this sort of performance wouldn’t fly as Fisker found out the hard way. A single scathing YouTube review would put the nail in the coffin and drive the company to bankruptcy. This video tells the story of Fisker and the quick downfall of the EV hopeful. Earn Cash Back On Stocks: Up To $5,000 Per Yearhttps://www.silomarkets.com/logicFree Weekly Newsletter With Insiders:https://logicallyanswered.co/Socials:https://www.instagram.com/hariharan.jayakumar/Discord Community: https://discord.gg/SJUNWNtTimestamps:0:00The Power Of Reviews0:42High Hopes7:45The Fall12:51A Closer LookResources: https://pastebin.com/yw8eUYNr Disclaimer:This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. Https://www.silomarkets.com/disclosuresDisclosure: This video is sponsored by Storyblocks. Some of the links in this description may be affiliate links, which means I may earn a small commission at no additional cost to you.Logically Answered is centered around explaining the economics of tech and social media. These sectors are generally analyzed through the lenses of finance and economics to determine which industries and companies will thrive and which will fall. In addition to this analysis, the content is often focused on the stories of various famous entrepreneurs such as Elon Musk, Steve Jobs, and Jeff Bezos. Logically Answered also cover the rise and fall of several interesting companies and services that we come across on a daytoday basis. There have been so many companies that have risen to fame and then died out in a single generation. The most interesting companies are the ones that were able to save themselves and avoid bankruptcy. Feel free to follow the podcast if you would like to see any of these topics Logically Answered.Find Logically Answered on YouTube: https://www.youtube.com/@LogicallyAnswered/Disclaimer: This podcast is an independently created audio adaptation of content originally published by Logically Answered. This is a fan made podcast that appreciates the channel’s insightful approach to knowledge and aims to make it accessible to those who prefer listening over watching. This podcast is not affiliated with, endorsed by, or officially connected to Logically Answered in any way. All rights to the original content belong to Logically Answered. If you have any concerns, please reach out. ---------------------
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