On-Demand Startups Are Hemorrhaging Tens of Billions a Year

Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year by noelsusman on Tuesday April 02, 2019 @09:14PM (#19560021)

I won't pretend to understand the world of unicorn startups, but it's important to remember that this isn't how the economy is run. For all the billions being set on fire here it's still a relatively small piece of the technology sector, much less the economy as a whole.

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Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year by chansiky on Thursday April 04, 2019 @11:42PM (#19579498)

But but, I thought tech companies were worth an absurd proportion of the economy:

[1] https://www.nytimes.com/interactive/2018/08/02/technology/ap...

[2] https://www.marketwatch.com/story/this-1-chart-puts-mega-tec...

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Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year by empath75 on Tuesday April 02, 2019 @09:29PM (#19560078)

A lot of that money gets funneled into Facebook, google and aws, though. Once these unicorns crash and burn it won’t be contained to one segment of the tech industry.

Engineer salaries will decline, companies like atlassian, datadog and elastic search will take a hit, etc.

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Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year by Jommi on Wednesday April 03, 2019 @02:05PM (#19565641)

But Google search and aws are both profitable and legitimate business models?

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