Re:Start-up culture is corrupting our youth and killing real...
by gumby on Saturday December 10, 2016 @05:12PM
(#13148223)
Oh yawn, "kids these days".
Many people are doing startups or "startups" because that's what they are being told to do (as opposed to being encouraged to do). Nothing wrong with that. Many of these businesses are really just making a feature. So the seed investor who cashes out soon via an acquihire is really more of an agent. So what? And of course many businesses are just retail shops like people have always started; but when they are started online and not funded by a bank loan (which young people have trouble getting anyway) they are called "startups". But they are simply small businesses (hence my startup and "startup" distinction above).
Folks are still starting more traditional startups all the time, both bootstrapped and externally funded. Encouraging more people to do this is hardly bad news.
Many people are doing startups or "startups" because that's what they are being told to do (as opposed to being encouraged to do). Nothing wrong with that. Many of these businesses are really just making a feature. So the seed investor who cashes out soon via an acquihire is really more of an agent. So what? And of course many businesses are just retail shops like people have always started; but when they are started online and not funded by a bank loan (which young people have trouble getting anyway) they are called "startups". But they are simply small businesses (hence my startup and "startup" distinction above).
Folks are still starting more traditional startups all the time, both bootstrapped and externally funded. Encouraging more people to do this is hardly bad news.