3 ms·

Yet

by muchtest 4y ago

Yet

birracerveza 4y ago
Everything eventually dies. The problem is you might die first.
- xitrium 4y ago
  I like "The market can stay irrational longer than you can stay solvent." -Keynes
azinman2 4y ago
There were many car companies in the early 20th century. Most didn’t make it. Yet cars are an integral piece of our lives globally, so the market size only grew larger. Software is no different, except it’s infinitely flexible.
- colinmhayes 4y ago
  There are some big differences between software and car companies though. Car companies required gigantic, continuing capital to manufacture their cars. Software has zero marginal cost. It seems that the difference in capital requirements once a company is up and running would allow the software industry to have more competitors.
  - azinman2 4y ago
    You’re assuming switching costs are the same, available labor is universal and endless, business dealings are the same, etc. It seems the most successful “competitors” are never head on for anyone entrenched, but rather come at similar problems from a different angel. Even companies who are up and running often want capital to take things to the next stage. None of that means burst of a bubble.
FollowingTheDao 4y ago
Exactly. The FED is just adding more gum the the gnawing mouth of capitalism so that these VC's can help blow a bigger bubble. The Fed is clamping down to control inflation so you will see what happens when the recession starts this summer. Do you all really think Biden, during a mid term election, will be able to throw money at these companies while people struggle? Do you think when the housing market, which is already showing signs of trouble with just some tightening and a .25 point rise in interest rates, will get better when the raise rates a full point? But I am sure you will all be ok, you just have to not spend mone on these five simple things! https://www.cnbc.com/2022/04/19/29-year-old-who-makes-400000-a-year-and-owns-3-properties-refuses-to-spend-money-on-5-things.html https://www.cnbc.com/2022/04/19/29-year-old-who-makes-400000...
- cwkoss 4y ago
  We're about 14 years into a historically-8-year market cycle without a recession. I'm very concerned about how hot the fire is going to burn the next time the forest ignites.

Yet

birracerveza 4y ago

Everything eventually dies. The problem is you might die first.

xitrium 4y ago
I like "The market can stay irrational longer than you can stay solvent." -Keynes

azinman2 4y ago

There were many car companies in the early 20th century. Most didn’t make it. Yet cars are an integral piece of our lives globally, so the market size only grew larger. Software is no different, except it’s infinitely flexible.

colinmhayes 4y ago
There are some big differences between software and car companies though. Car companies required gigantic, continuing capital to manufacture their cars. Software has zero marginal cost. It seems that the difference in capital requirements once a company is up and running would allow the software industry to have more competitors.
- azinman2 4y ago
  You’re assuming switching costs are the same, available labor is universal and endless, business dealings are the same, etc. It seems the most successful “competitors” are never head on for anyone entrenched, but rather come at similar problems from a different angel. Even companies who are up and running often want capital to take things to the next stage. None of that means burst of a bubble.

FollowingTheDao 4y ago

Exactly. The FED is just adding more gum the the gnawing mouth of capitalism so that these VC's can help blow a bigger bubble. The Fed is clamping down to control inflation so you will see what happens when the recession starts this summer. Do you all really think Biden, during a mid term election, will be able to throw money at these companies while people struggle? Do you think when the housing market, which is already showing signs of trouble with just some tightening and a .25 point rise in interest rates, will get better when the raise rates a full point? But I am sure you will all be ok, you just have to not spend mone on these five simple things! https://www.cnbc.com/2022/04/19/29-year-old-who-makes-400000-a-year-and-owns-3-properties-refuses-to-spend-money-on-5-things.html https://www.cnbc.com/2022/04/19/29-year-old-who-makes-400000...

cwkoss 4y ago
We're about 14 years into a historically-8-year market cycle without a recession. I'm very concerned about how hot the fire is going to burn the next time the forest ignites.