Re:Startups Once Showered with Cash Now Have to Work for It
by x0x0 on Saturday May 21, 2016 @03:58PM
(#11745941)
Perhaps. Or you can be stuck competing with a company that is pissing money into a hole and offering what appears to be a similar product for free. How are they ever going to become a functioning business w/ revenue > expenses? Underwear gnomes!
Been there, done that, it sucked.
Re:Startups Once Showered with Cash Now Have to Work for It
by infinite8s on Saturday May 21, 2016 @04:36PM
(#11746080)
That's what is happening now. Once those companies run out if easy money they'll be forced to actually compete on value instead of just handing product away. Which is great news for bootstrapped companies that are used to functioning without bleeding cash.
Major cashflow changes tend to be disastrous for most companies, it's just not that easy to realign everything. If you're up against a competitor that has raised a lot easy money and now needs to show results, you should be happy to see this.