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There Is No Silicon Valley Crash Coming – For a While

• gjolund 11y ago
  Last sentence. "The sky is not falling. Instead, let’s continue to focus on building sustainable companies with well-conceived strategies and high levels of execution." I agree with this sentiment 100%, unfortunately I feel like way too many of the startups coming out of SV rely on huge amounts of VC that make them unsustainable by definition. The goal of SV VC's isn't to build sustainable businesses with modest profit margins that value the work life balance of their employees. It is to quickly bootstrap startups that are "too funded to fail", race to a buyout or IPO, and built by the sleepless nights of 22 year old interns who are too stupid to realize they are expendable and replaceable on a 2 year cycle. "Unicorn" (ugh) or bust.