3 ms·
Online- and Software-centric startups are way overhyped right now. I believe that the commoditization of personal computing, smartphones and websites and the em
by lazyjones 14y ago
Online- and Software-centric startups are way overhyped right now. I believe that the commoditization of personal computing, smartphones and websites and the emergence of giants like Google, Apple, Facebook has made these much less interesting than people might think so the best long-term startup opportunities lie elsewhere (robotics/AI, biotechnology, sustainable living ... ). But internet startups are still good for a quick buck due to crazy valuations and low entry barriers, so VC will still pour down on them (sadly...).
At the end of the day, there's still things we need (food, medicine, health, production of goods) and things we don't (yet another website or SaaS/PaaS startup or electronic gadgetry).
Then again, right here, we're all biased ...