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My main concern, as a potential founder, is that once Uber goes "pop" or Snap goes "fsssss", there will be the inevitable catastrophic lurch in the financial hi
by jacques_chester 10y ago
My main concern, as a potential founder, is that once Uber goes "pop" or Snap goes "fsssss", there will be the inevitable catastrophic lurch in the financial hivemind.
The purses will snap shut all at once, for good and ill. Contractions are no respecter of potential.
I'd really like to get in before last call.
- mzzter 10y agoI'm pretty sure they will continue to invest, hopefully more wisely though. They want to grow their money, so they need to invest to do that. The "lurch" should control the ballooning valuations of these startups.
- jacques_chester 10y agoI'd like that, but in my experience, markets tend to be big-bang control systems.
- jtmcmc 10y agoas a tech worker this is my concern as well. A contraction of the tech market due to funding drying up is bad for all tech employees...