Re:On-Demand Startups Are Hemorrhaging Tens of Billions a Year
by skybrian on Wednesday April 03, 2019 @12:37PM
(#19564808)
I'm not sure the crowding-out effect is real? It seems hard to argue that this is a bad time for startups to raise money.
Compare with a boom-bust cyclical model where boom times make raising money easier for everyone. Under this model, overly enthusiastic investors eventually get discouraged after losing a lot of money, so the amount of investment money available changes a lot and thinking of it as zero-sum doesn't really work.
Compare with a boom-bust cyclical model where boom times make raising money easier for everyone. Under this model, overly enthusiastic investors eventually get discouraged after losing a lot of money, so the amount of investment money available changes a lot and thinking of it as zero-sum doesn't really work.