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I disagree that the number of startups around are constrained in any way by funding. Or, at least, the number of viable startups. I think there are far more im
by thaumaturgy 18y ago
I disagree that the number of startups around are constrained in any way by funding. Or, at least, the number of viable startups.
I think there are far more important things on the list of stuff that new startups need, like business guidance and planning, structure, strategy. There are so many avenues right now for "cheap" startups -- using AWS, for example -- that I just can't see that throwing more money at the problem will help at all.
And, even in the case of "expensive" startups -- those that need serious capital for manufacturing or prototyping -- they need a strong business plan and a solid structure before they need money.
I suspect that pouring money into the startup sector would have a result very similar to the dot-com boom and bust cycle, and we don't need another of those right now.