3 ms·
Is this not simply the continued slide into the Trough of Disillusionment[1]? Lots of buzzword-toting entrepreneurs lined their pockets with VC money in 2014-1
by clarkmoody 10y ago
Is this not simply the continued slide into the Trough of Disillusionment[1]?
Lots of buzzword-toting entrepreneurs lined their pockets with VC money in 2014-15. Many of those investments will have been bad ones (as with most VC bets). Yet the engine of capitalism and innovation rolls on. The Bitcoin genie is out of the lamp.
Time to settle in for $N months/years of negative PR & industry consolidation after which we should see some very interesting things emerge :-)
[1] https://en.wikipedia.org/wiki/Hype_cycle https://en.wikipedia.org/wiki/Hype_cycle