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Don't get caught up in the hype. The technology is becoming commoditized, and only startups with unique advantages will survive. Look for startups with propriet
by ngngngng 3y ago
Don't get caught up in the hype. The technology is becoming commoditized, and only startups with unique advantages will survive. Look for startups with proprietary data, special algorithms, or deep domain expertise. Avoid ones that are just gluing together APIs or building generic applications. And don't chase the hype train. Invest in startups with a real chance of success.
- jqpabc123 3y agoInvest in startups with a real chance of success. The difficult part (as it has always been) is identifying these.
- morkalork 3y agoIf you want to start your own, it's kind of a depressing realization to have after working at a start-up or interacting with others. It's not some cool tech or algo that makes the difference, it's things like the CTO is leveraging contacts they made previously in their career to get deals to access data that no mere mortal could get, or board members who broker sweet partnerships with legacy companies that matter.
- kirse 3y agoAvoid ones that are just gluing together APIs or building generic applications. Debating if I want to respond to this, because there is fistfuls of cash right now in software consulting for this sort of work. Boring CRUDs and API integrations make a lot of the world go round (quietly).