Re:Why to Start a Startup in a Bad Economy
by netcan on Thursday October 16, 2008 @08:45AM
(#334379)
One of the underlying things here is that there is very little use saying 'bad economy' & leaving it at that. Bad what? What are the actual effects.
A startup might be affected by:
Customers/market - These are not necessarily the problem. True. Particularly if you are evolving in this economy, Like a Neanderthal in an ice age. This point is probably neutral on average.
Investors - This may be a problem. This is a market that can shy. But only a problem if you need them. This point is negative.
Buyers- (Of some description) Definitely a negative. But you don't need them right away & you can probably be more flexible waiting for the right time. If Cockaroach doesn't do it.. endospore.
You can't have everything.
Comeptitors - A plus. Fewer investors (including founders as the essay implies) by definition means fewer startups.
A startup might be affected by:
Customers/market - These are not necessarily the problem. True. Particularly if you are evolving in this economy, Like a Neanderthal in an ice age. This point is probably neutral on average.
Investors - This may be a problem. This is a market that can shy. But only a problem if you need them. This point is negative.
Buyers- (Of some description) Definitely a negative. But you don't need them right away & you can probably be more flexible waiting for the right time. If Cockaroach doesn't do it.. endospore.
You can't have everything. Comeptitors - A plus. Fewer investors (including founders as the essay implies) by definition means fewer startups.