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Touche, but is this hyper growth in startups necessarily a bad thing, or just a bump in the road and a bottleneck to be overcome? Despite how mainstream tech e
by pshin45 14y ago
Touche, but is this hyper growth in startups necessarily a bad thing, or just a bump in the road and a bottleneck to be overcome?
Despite how mainstream tech entrepreneurship has become, and despite how many founders are not in it for the right reasons, I still believe (or hope) it's mostly noise and the best products and founders will always rise to the top. The US (and the world) still needs more entrepreneurship to stay competitive, though perhaps not in its current model/form, and we haven't yet reached the point of diminishing returns in my opinion.
This is a tangent to your main point, but TechCrunch had a pretty good piece on how YC tries to tackle this problem: http://techcrunch.com/2012/04/02/yc-y-combinator-scaling/ http://techcrunch.com/2012/04/02/yc-y-combinator-scaling/
- ajross 14y agoOh, I agree that entrepreneurship is important, and if a thousand iterations on "mobile social sharing app with nice typography" is the price to pay, then it's worth paying. But as someone who watched the end of the 90's boom, this feels the same way. I don't have numbers, but do any of us really believe there is enough future revenue in mobile social sharing apps with nice typography to justify the absolutely insane funding environment? I don't either. And there's a hard landing ahead.