3 ms·
I think it's 5, just a normal bullshit intolerant guy. In fact, maybe your bullshit threshold is actually kind of high. There's so much money out there chasing
by UncleOxidant 13y ago
I think it's 5, just a normal bullshit intolerant guy. In fact, maybe your bullshit threshold is actually kind of high. There's so much money out there chasing startup ideas (kind of like 1999 again) due to the Fed flooding the market with US dollars... this makes it very easy to start a startup. The barrier to entry is quite low at this point, really. Much lower from a technical standpoint than it was in the late 90's boom (cloud computing, AWS, lots of free libraries already developed for you, etc.). And those low barriers mean that a lot of folks are starting companies that probably shouldn't be started (certainly wouldn't be started under a tighter money regime).
You jump in a startup that sounds kind of cool on paper but after six months or so realize it's probably going nowhere for the reasons you mention above. And then move on to the next one. That, unfortunately, seems to be the way of the world now. It will continue until the punchbowl (easy money) is taken away and this bubble pops. Lots of developers will once again be out of work. Then slowly, very slowly things will recover to a more sane level like they did in the early 2000's. If history is any guide that will take about 3 to 4 years (the 2001 to 2004 period was pretty awful for tech employment, but by late '04 things were starting to recover).
For now be glad you have other startups to jump to. That may not be the case when the music stops on our current Cambrian Explosion.