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IMO One of the best times to do a startup is during a downturn. Startups typically don't even have a product for some time after beginning. One of the worst s
by strangattractor 4y ago
IMO One of the best times to do a startup is during a downturn. Startups typically don't even have a product for some time after beginning. One of the worst scenarios is introducing your product at the beginning of a downturn. Adoption rates tend to be slower then because corporations are reducing spending.
- deleted 4y ago[deleted]
- ethbr0 4y ago* If you can find funding or self-fund.
- strangattractor 4y agoOne can always look at recently funded startups. Doesn't have to be your own. VC don't necessarily pull back on funding during recessions - using the same reasoning that it is a good time. Starting a new fund can be a problem during that period since many investors become risk adverse.