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If the bar for entry is that low how will these companies survive?
by Beaver117 4y ago
If the bar for entry is that low how will these companies survive?
- palata 4y agoThe probably mostly won't. But they don't care now. Now they want VC money. That's how startups work.
- nikanj 4y agoEvery investment fund is under strict orders to plow money into AI, because it's going to change the world
- surgical_fire 4y agoThey only need to survive for a long enough time until they find an exit. Either through acquisition or IPO. It doesn't need to be sustainable nor particularly innovative.
- lma21 4y agoIt's going to be tough to IPO when you're not sustainable or even profitable these days.
- kolinko 4y agoThat's where the stat that 99% startups fail comes from. One or few winners, a hundred losers - the whole startup ecosystem works like this :)
- danielmarkbruce 4y agoThe bar to making a social network weren't high from a technology perspective. Same for a lot of enterprise software.