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"slow down" = great time to start a company
by bretthellman 9y ago
"slow down" = great time to start a company
- quaz3l 9y agoWhy is that? There is less money in circulation, so less chance you'll get any. Are they making wiser choices? So if you're company is a wise choice you'll get funding?
- kqr2 9y agoPerhaps he is referring to Paul Graham's essay Why To Start A Startup In A Bad Economy : http://paulgraham.com/badeconomy.html http://paulgraham.com/badeconomy.html
- cocktailpeanuts 9y agoYou don't need funding to build a great company. In fact most great companies started out without huge funding.
- zitterbewegung 9y agoYup Office Space, office equipment will be cheaper. Vendors with less sales will fight to be competitive. VC's won't tolerate superfluous startups and it would be a great time to bootstrap your own.
- BlackjackCF 9y agoAgreed. I also don't think the slow down is necessarily a bad thing. It's not that VCs aren't interested. They're just much more cautious about funding companies that end up being sustainable and viable. I think after all these unicorns, VCs have finally been brought back down to earth and are looking in the long term.
- johansch 9y ago(Warning: Really loud screaming. Do mute your sound before watching this.) https://www.youtube.com/watch?v=qydSKppGRD8&t=38 https://www.youtube.com/watch?v=qydSKppGRD8&t=38
- sctb 9y agoPlease don't post off topic like this.
- acchow 9y agoThis is both true and false - makes it easier to hire talent and attract users/customers, but harder to raise capital. Works out great if you're running as a small business and don't need to raise capital.
- cylinder 9y agoGreat time for real entrepreneurs starting real companies in organic ways, not shysters looking for $30M seed for their app so they can pay themselves and their buddies comfortable salaries while they work 5 hours/day in a trendy WeWork in SoHo.