4 ms·
I'm in Sweden so my knowledge of the situation comes from inferring a general Zeitgeist via online reading on this and other sites. So take my remarks with a fe
by itmag 15y ago
I'm in Sweden so my knowledge of the situation comes from inferring a general Zeitgeist via online reading on this and other sites. So take my remarks with a few grams of salt.
That's interesting btw, care to tell me a bit more?
- mgkimsal 15y agoNot sure what to add... ??? The "start a business in a recession" is common guidance/wisdom. It seems to make some sense - it'll weed out the people who aren't truly interested in starting a business, because it'll be harder than in 'normal' economic times. The difference is, for web/tech startups, it's probably easier now to get started, insomuch as the cost of starting something is far less than it was 5 years ago, and there's more money being invested in small web startups than a few years ago. So... lower costs to startup, more money being invested, and we see more of these happening. However, people think they're "starting a business in a recession" because the general economy is in recession. The "web/tech startup" economy is not in recession - seemingly quite the opposite, really. In a year or two when the startup money stops flowing so easily, we'll be in 'startup recession' territory, and that's where the "start a business in a recession" wisdom will be tested, but I suspect not as many people will put it to the test.
- itmag 15y agoThanks. I am satisfied.