Re:Hard Startups
by jackcosgrove on Wednesday February 26, 2020 @08:51PM
(#22429602)
Bootstrapped small businesses are as old as dirt. If you aren't going to scale, why do you need venture funding?
Venture funded startups may prove to have been a temporary kind of business made possible by the technological frontier of first the personal computer and then the internet.
If a new computing platform comes along the VC model will keep chugging, because you've gotta plant that flag as fast as possible.
I see the diminishing value of working for startups as a sign of the maturity of the internet. Rather than try to swim against the current, it's probably better to find a new shoreline. And inventing that new platform is a very hard problem.
Venture funded startups may prove to have been a temporary kind of business made possible by the technological frontier of first the personal computer and then the internet.
If a new computing platform comes along the VC model will keep chugging, because you've gotta plant that flag as fast as possible.
I see the diminishing value of working for startups as a sign of the maturity of the internet. Rather than try to swim against the current, it's probably better to find a new shoreline. And inventing that new platform is a very hard problem.