4 ms·
I would like to digress for a moment. When I read things like the TL;DR of that article I get the feeling the tech industry is full of entitled children who ar
by mangeletti 10y ago
I would like to digress for a moment.
When I read things like the TL;DR of that article I get the feeling the tech industry is full of entitled children who are playing imaginary. No product, no orders, no revenue, no resources... isn't that usually just called no company?
Why do tech "startups" delude themselves into thinking that a group of guys and/or gals is something other than a group of guys and/or gals?
Can you imagine going down to your local shopping plaza, and there is this guy standing outside of an empty building, holding a big cardboard sign that reads:
This behind me is supposed to
be my store. It's supposed to
have groceries and other stuff.
But, we don't have any money
or customers, or a store, or
any groceries. We have a name
though... and a logo :)
You probably can't imagine seeing that, because that person would be entirely delusional.
- busterarm 10y agoIt's pretty clear in the article that they're in Kuala Lumpur. It's even explicit that the currency values are in RM.
- yitchelle 10y agoI think that this startup is based in Malaysia, although the main characters may have been schooled in the US.
- txttran 10y agoWhat constitutes a startup? Because they did have customers and revenue for the service that they offered. They had everything that is part of a business (albeit, a very slow and unprofitable one). They're missing the ability to scale since they had no tech stack to speak of, but their MVP did not really need one.
- harryh 10y agoAll companies, even modest shops in plazas, start as just an idea on someone's head. Some people who have these ideas are delusional and go on to create nothing. But some of them go on to create successful businesses. A few go on to create giant corporations. There's little harm in indulging people's fantasies a bit. Especially when some of those fantasies will turn into reality. One of the magical things about Silicon Valley is how open people are to this idea. In most other places in the world people's dreams get crushed by cynicism before they ever have a chance to take root.