Startups Once Showered with Cash Now Have to Work for It

Re:Startups Once Showered with Cash Now Have to Work for It by swingbridge on Saturday May 21, 2016 @03:03PM (#11745741)

This is generally a good sign for the market. Not so good for bloated startups without a viable business model or cash positive finances (including probably the majority of the unicorns out there at the moment). For such firms it's about to be a bloodbath, but hard facts are that there's a lot of junk out there that got funded in loftier times and now needs to be flushed out of the system.

For lean startups with a strong business model and profitability, or a clear and viable path to profitability, washing out the junk startups will only help.

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Re:Startups Once Showered with Cash Now Have to Work for It by aswanson on Saturday May 21, 2016 @03:28PM (#11745833)

Yup, same as it ever was. I remember back in 2001 saying to myself, "Good, all the bullshit is flushed out. Anything that survives this is real and should be invested in." Too bad I didnt put a few thousand into YHOO and AMZN back then: http://finance.yahoo.com/q/hp?s=AMZN&a=04&b=16&c=1997&d=04&e...

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Re:Startups Once Showered with Cash Now Have to Work for It by paulpauper on Saturday May 21, 2016 @03:34PM (#11745856)

AMZN and GOOG would have been great investments and still are

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Re:Startups Once Showered with Cash Now Have to Work for It by SilasX on Saturday May 21, 2016 @04:15PM (#11746007)

Google IPO wasn't till '04 though.

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Re:Startups Once Showered with Cash Now Have to Work for It by paulpauper on Saturday May 21, 2016 @03:55PM (#11745923)

I know but it was founded in 1998 and survived.

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Re:Startups Once Showered with Cash Now Have to Work for It by lazaroclapp on Saturday May 21, 2016 @06:36PM (#11746497)

Sure, but what he means is most normal people wouldn't have been able to invest in GOOG then.

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Re:Startups Once Showered with Cash Now Have to Work for It by pj_mukh on Sunday May 22, 2016 @12:24AM (#11747361)

Who are these "majority of unicorns" that everyone casually passes around? Yes, there were some journalistically well covered flame-outs, but is there a trend of companies worth more than $1B flaming out?

Otherwise, companies without a promising business model flaming out is definitely a good thing.

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Re:Startups Once Showered with Cash Now Have to Work for It by toomuchtodo on Monday May 23, 2016 @10:07AM (#11753923)

https://www.cbinsights.com/research-unicorn-companies

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Re:Startups Once Showered with Cash Now Have to Work for It by misnamed on Saturday May 21, 2016 @05:10PM (#11746199)

I'm just glad to see it's happening slowly and rationally and not through a crash this time (at least not yet).

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