4 ms·

Why Instagram is A Cautionary Tale for Young Entrepreneurs

10 points by startupstella 14y ago

89a 14y ago
Enter email address? cmd+W
- astrec 14y ago
  Me too. But I hit it a second time and got the article. I very nearly flagged it. Not cool.
AVTizzle 14y ago
This article says nothing. I get what you're trying to say here, but this is premature: "Facebook’s acquisition of Instagram is doing the same exact thing for the next generation of entrepreneurs." Oh yeah? The "next generation of entrepreneurs"? Who are they? Where did you hear about them? "Now, entrepreneurs see a startup that was novel and completely pre-revenue, and see the opportunity that they too can have a billion dollar exit in less than two years." They do? Poor guys. Did you personally speak to any of these "entrepreneurs"? Did you read about them somewhere? Or are you just pulling this mystery group and their M.O. out of nowhere? I don't see it. In fact, more than a mass exodus of a generation of blind hopefuls you're referring to, I've seen a mass bandwagon effect of blog posts and articles milking Instagram for every angle and non-angle (case in point...) possible. This post didn't present any new ideas or facts. Just a half-thought out ramble on a dead horse, and the word "Instagram" in the title.
- startupstella 14y ago
  if you take a look at the site where this is coming from, you'll see that i actually talk to the "next generation of entrepreneurs" on a daily basis. the whole point of this post is to caution young entrepreneurs to build meaningful companies that solve real problems instead of trying to make a quick and successful exit
  - AVTizzle 14y ago
    Ok, fair enough. So you talk to them on a daily basis. Can you link us to a conversation where one of these up-and-comers shared with you their vision of a pre-revenue billion dollar sale? Tales of caution are fine, but you stated a fact: that starry-eyed entrepreneurs are mindlessly following Instagram into dreamland. I'm challenging that as fiction.

10 points by startupstella 14y ago

89a 14y ago

Enter email address? cmd+W

astrec 14y ago
Me too. But I hit it a second time and got the article. I very nearly flagged it. Not cool.

AVTizzle 14y ago

This article says nothing. I get what you're trying to say here, but this is premature: "Facebook’s acquisition of Instagram is doing the same exact thing for the next generation of entrepreneurs." Oh yeah? The "next generation of entrepreneurs"? Who are they? Where did you hear about them? "Now, entrepreneurs see a startup that was novel and completely pre-revenue, and see the opportunity that they too can have a billion dollar exit in less than two years." They do? Poor guys. Did you personally speak to any of these "entrepreneurs"? Did you read about them somewhere? Or are you just pulling this mystery group and their M.O. out of nowhere? I don't see it. In fact, more than a mass exodus of a generation of blind hopefuls you're referring to, I've seen a mass bandwagon effect of blog posts and articles milking Instagram for every angle and non-angle (case in point...) possible. This post didn't present any new ideas or facts. Just a half-thought out ramble on a dead horse, and the word "Instagram" in the title.

startupstella 14y ago
if you take a look at the site where this is coming from, you'll see that i actually talk to the "next generation of entrepreneurs" on a daily basis. the whole point of this post is to caution young entrepreneurs to build meaningful companies that solve real problems instead of trying to make a quick and successful exit
- AVTizzle 14y ago
  Ok, fair enough. So you talk to them on a daily basis. Can you link us to a conversation where one of these up-and-comers shared with you their vision of a pre-revenue billion dollar sale? Tales of caution are fine, but you stated a fact: that starry-eyed entrepreneurs are mindlessly following Instagram into dreamland. I'm challenging that as fiction.