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So very, very true. With coffee I know what I'm getting and I know it will be good. An application usually ends up being a total waste of time. How many applica
by LekkoscPiwa 13y ago
So very, very true. With coffee I know what I'm getting and I know it will be good. An application usually ends up being a total waste of time. How many applications that you bought you really use all that often?
And there is another thing, talking contrarian: many modern investors, including Jim Rogers and Marc Faber, claim that the future is in agriculture. This is where the big money is going to be made. There are all classical signs of the boom market in the agriculture market: limited supply (weather sucks, less and less water, expensive energy, lack of land, lack of farmers) - and huge demand (6 billion people and growing rapidly). I think that IT hits the law of diminishing returns - free apps available everywhere, or ones that cost next to nothing. But a cup of coffee is 3 bucks. IT head it peak in late 1990s. It's still good, but it's not as good as being in agriculture. So just thinking aloud here - it might get much worse for IT and much better for the agriculture. I mean think about it - 3 bucks a cup of coffee? And what about the cost of other foods? It all goes one way only all the time - up, up, up. Farmers are going to make it big time. While we waste time for startups that don't even get from the ground in 90% cases.
So, what about IT startups in agriculture? Anyone works in these? Are there any?