Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Color Will Be The Pin That Bursts The Startup Bubble.
Funding dries up because all these ideas cant make money. Valuations plummet - nobody hires and we have bust 2.0.
except it is different because this time around we have a glut of seasoned developers that can build a hell of a lot of stuff.
So I cant see this burst being the same -- but I see a lot of stuff being built for no / little funding.
There are no comments on this comment yet.
Funding dries up because all these ideas cant make money. Valuations plummet - nobody hires and we have bust 2.0.
except it is different because this time around we have a glut of seasoned developers that can build a hell of a lot of stuff.
So I cant see this burst being the same -- but I see a lot of stuff being built for no / little funding.