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sigh We're in a bubble, we're not in a bubble...where are we, guys? If anything it feels like a VC purgatory. Blanks advice doesn't really amount to more than "
by acconrad 16y ago
sigh We're in a bubble, we're not in a bubble...where are we, guys? If anything it feels like a VC purgatory. Blanks advice doesn't really amount to more than "keep doing Lean Startup, but think of companies looking to acquire as a type of customer as well." The 3/4 of both the blog post and the presentation will be nothing new to anyone who has been here for some time (and the last 55 slides are "backups"). The last quarter has some conflicting advice, "now's a better time than ever to be lean" but "seriously invest in PR so you can be acquired." It's a bit disconcerting that for a guy whose mantra is to create a lean business that is self-sufficient (i.e. without venture funding), he's advocating that people pivot their businesses so that they can be acquired. This article just feels like scaremongering.
- RuadhanMc 16y agoI equate bubbles with cycles. So in that sense we're always in a "bubble" of some sort. The question is are we at the bottom of the bubble, the mid-point or the top. It's everyones job to workout at which point in the cycle we are so that they can adjust the risk that they are willing to take accordingly. Thus the constant speculation.