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I wanted to comment on this since I've been through many disruptions. During the dot-bomb implosion in 2000, most people threw their hands-up. Even VCs threw i
by redis_mlc 6y ago
I wanted to comment on this since I've been through many disruptions.
During the dot-bomb implosion in 2000, most people threw their hands-up. Even VCs threw in the towel and moved from Calif. to southern states with no state income tax. (The metaphor was, "they're rolling up the sidewalks in Palo Alto.)
To this day, business people look at the start date of some of my projects and say things like, "Wow, you started a project in 2000?" Then they go mum since they realize what a silly thing that was to say.
Business and life are cyclical. Since it takes 7-10 years for a startup to mature, the passing of crises has very little effect in the early stages of a startup.
Now is the perfect time to do a startup or project.