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The market was frothy and some bad ideas that should have failed earlier didn't because of cheap money that has dried up. Startups that can make it right now ar
by lgleason 3y ago
The market was frothy and some bad ideas that should have failed earlier didn't because of cheap money that has dried up. Startups that can make it right now are more likely to succeed long term. This is the natural cycle that weeds out the weak companies.
- JohnFen 3y agoIt's been my experience that starting a company is best done when the market looks unfavorable to starting a company. It's counterintuitive, but works for me.
- namaria 3y agoI've also experienced this (not in terms of starting companies tho). I've had most success doing things that were generally considered 'a bad idea', whereas when I've followed common sense I've found stiff competition, crowded spaces, noisy environments (in many different senses), etc.