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I think the fact that you listed so many options tells the real story: all this thinking about whether there is a bubble is a distraction for entrepreneurs (to
by tomsaffell 16y ago
I think the fact that you listed so many options tells the real story: all this thinking about whether there is a bubble is a distraction for entrepreneurs (to a first order approximation). Build a great product that people will pay for - there's money for those no matter the state of 'the bubble'.
- jdp23 16y agoI see it differently. A good startup has multiple options about what great products it can try to build, the cost and revenue models behind them, and its funding strategy. Products that are great for people who are throwing around money in a frothy bubble environment can be millsontes in a buttoned-down, post-crash situation. So while too much reading thinking about the overall context is a distraction, ignoring it hugely increases risk and misses opportunities for significant advantages.