Re:After WeWork, SoftBank’s Startup Bookkeeping Draws Scrutiny
by ghaff on Thursday November 28, 2019 @01:42PM
(#21659375)
How big is the frothy part of the SV tech (and tech adjacent) landscape relative to the tech landscape as a whole though--much less relative to the total Bay Area economy?
It looks to me as if companies that seem to have no credible business plan are already starting to be punished. I don't doubt that scrutiny will probably increase further and people should probably think harder about joining startups that don't seem to have a path to profitability.
But I expect something like a major downturn in ad tech would have a much greater impact than some will-never-be-profitable startups circling the drain.
It looks to me as if companies that seem to have no credible business plan are already starting to be punished. I don't doubt that scrutiny will probably increase further and people should probably think harder about joining startups that don't seem to have a path to profitability.
But I expect something like a major downturn in ad tech would have a much greater impact than some will-never-be-profitable startups circling the drain.