Re:Ask YC: Is there a recession/depression coming?
by nostrademons on Tuesday December 11, 2007 @09:34PM
(#88522)
Recessions are good times to for social "fun" sites too - HotOrNot, Blogger, LiveJournal, PlentyOfFish, Flickr, and Friendster were all started either right before or during the 01-02 recession, and Disney got its start in the middle of the Great Depression. You just gotta keep your cash outlays less than expenses, find a revenue stream other than advertising, and build something attractive enough that at least some people are willing to pay for it.
Either way, keep it lean (in terms of investment and burn rate).