Re:Sorry, Startups: Party's Over
by cstejerean on Thursday October 09, 2008 @12:44PM
(#327982)
Just because your startup is self funded doesn't mean you won't be impacted.
* If you charge money for a product and your customers are no longer willing to spend money, you're in trouble.
* If you rely on advertising for revenue and companies reduce their ad spending, you're in trouble.
* If you're hoping to get acquired and your potential acquirers are no longer able to spend money because of plummeting stock prices, you're in trouble.
Re:Sorry, Startups: Party's Over
by vaksel on Thursday October 09, 2008 @01:20PM
(#328035)
the difference is that a small team startup has to make a lot less revenue to survive. A big new startup on the other hand would have a few million a year just in salary expenses.
* If you charge money for a product and your customers are no longer willing to spend money, you're in trouble.
* If you rely on advertising for revenue and companies reduce their ad spending, you're in trouble.
* If you're hoping to get acquired and your potential acquirers are no longer able to spend money because of plummeting stock prices, you're in trouble.