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There won't be a crash until the rivers of money being pumped out by the central banks of the world stops. The entire VC industry is just a tiny cork floating o
by danieltillett 10y ago
There won't be a crash until the rivers of money being pumped out by the central banks of the world stops. The entire VC industry is just a tiny cork floating on a gale-whipped sea.
I do think that it is getting really hard to break through the noise with a new concept. There are just so many companies chasing the same eyeballs that it is really hard to get the traction needed to build a unicorn no matter how much money you raise. At this point it might be better to go hyper-niche and bootstrap.
- adrenalinelol 10y agoWell, from the point of view of the Central Banks, creating any kind of economic activity is a plus, regardless if it'll be viable longterm for it's employees or if its "true innovation" (not noise). So the money faucets are working as intended. Given how anemic our economy is compared to other post-recession economies, I suspect it'll stay that way.