Re:Ask YC: How will the US economy affect the probability of...
by DanielBMarkham on Friday November 09, 2007 @02:42PM
(#77982)
The more people go on and on about how bad the economy is, the more they are self-selecting out of doing a startup. That's good for me.
Startups work or don't work based on how they relate to users. The "economy" is a huge average of all kinds of things. If you're making users happy, just keep your eye on the ball. All things being equal, I would rather run a startup in a hot market where all the other competitors were depressed than the same market swimming in investment cash.
Of course, there are lots of exceptions. This answer was just a generalization. YMMV. I'm sure somebody will reply with something pithy like "but if the town is on fire, should you really be trying to sell charcoal?" to which I reply, "if you have a product people want, it doesn't matter what the heck the rest of the town is doing"
Startups work or don't work based on how they relate to users. The "economy" is a huge average of all kinds of things. If you're making users happy, just keep your eye on the ball. All things being equal, I would rather run a startup in a hot market where all the other competitors were depressed than the same market swimming in investment cash.
Of course, there are lots of exceptions. This answer was just a generalization. YMMV. I'm sure somebody will reply with something pithy like "but if the town is on fire, should you really be trying to sell charcoal?" to which I reply, "if you have a product people want, it doesn't matter what the heck the rest of the town is doing"