How Millennials Are Killing the Diamond Industry

The media loves to talk about things that millennials are "killing," like golf or cereal or the movie industry. Of course, the idea that these industries actually adapt to a new generation of people with different priorities and financial assets than older people is never discussed. But it turns out there's another thing that millennials are "killing": Diamonds.

The folks over at Cracked released a video discussing all the reasons why millennials are killing the diamond industry. Of course, it's mostly due to the fact that the industry is horribly corrupt, relies on violence and are ridiculously overpriced. But let's just blame that on millennials right!

In short, good riddance diamonds. And let's welcome hemp bracelets to replace them!


In nine short months, Alexis Rosenbaum has successfully broken into the CBD industry single-handedly. Her company Rosebud is already bringing in six figures monthly and is on track to hit over $1 million in revenue by its one-year mark. Not wanting others to have a hand in her business, the 32-year-old entrepreneur created her company without a dime from investors.

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