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does this guy really that the economy tanking is somehow any better for startups than it is for bankers?

• fallentimes 18y ago
  I can't speak for Sam, but right now I'm really really glad I left my finance job to do a startup.
  • timr 18y ago
    Well of course you are -- right now. But what happens when the finance shock ripples through the rest of the economy, and tech investments dry up? Or when tech purchases stop? Or when job losses in banking, real estate, construction and sales (coupled with high energy costs) lead to overall drops in consumption, which in turn leads to drops in advertising budgets? It's still way too early to be whistling past the graveyard.
    • fallentimes 18y ago
      For me personally I have a couple side business so I'd be OK. But even if our startup whittled and died tomorrow; I've acquired more skills in 3 months working at ticketbumblerstumbler than I did in two years working at my old job. Our burn rate is less than 3k a month; we're not whistling past anything.