News for hackers. Stuff that matters.

A comment on Startups are pummeled in the ‘great unwinding’. Parent comment

Re:Startups are pummeled in the ‘great unwinding’ by jariel on Sunday April 05, 2020 @02:10AM (#22784065)
No, it's not myopic.

Startups lose money, which means they are usually raising capital for runway, and can conserve as well.

Moreover, many startups don't have working capital requirements, retail rents, inventory etc..

Finally, a lot of products are digital and some booming.

So it's fair to say many startups have an advantage.

[ Parent | on HN ]
Re:Startups are pummeled in the ‘great unwinding’ by Zenbit_UX on Sunday April 05, 2020 @05:22PM (#22788837)
It's myopic because the commenter is usi g their own circumstantes (i.e. anectodal evidence) to make a broad statement that startups are fine right now. Great for OP that their circle of friends at startups are unaffected but it is indeed myopic to extrapolate that to the entire startup scene being fine.
[ Parent | on HN ]