News for hackers. Stuff that matters.

A comment on Andreessen Goes on Tweet Storm About Burn Rates, Says to Worry. Parent comment

Re:Andreessen Goes on Tweet Storm About Burn Rates, Says to ... by noise on Thursday September 25, 2014 @08:34PM (#8370635)
How did we survive? Skills, connections, and some luck. It wasn't that everything vaporized, just a lot of fluff companies built on VC with no profitable business model. Just as when times were good a lot of unqualified people got into the business, when it imploded they got out.
[ Parent | on HN ]
Re:Andreessen Goes on Tweet Storm About Burn Rates, Says to ... by infectoid on Thursday September 25, 2014 @08:58PM (#8370722)
About right. Myself and many others made it through the dotcom boom simply by working at companies that seemed to have rational business models and were diverse in their interests. They never pegged their entire existence on one product or industry.
[ Parent | on HN ]