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This is a great point, IMO. I'd add to it that, if you have a choice, SOLVE A PROBLEM. A recession is certainly a good time to solve a business problem (save
by webwright 19y ago
This is a great point, IMO. I'd add to it that, if you have a choice, SOLVE A PROBLEM. A recession is certainly a good time to solve a business problem (save your customers time/money) but may not be as good a time for an ad-supported social "fun" site.
Either way, keep it lean (in terms of investment and burn rate).
- nostrademons 19y agoRecessions are good times to for social "fun" sites too - HotOrNot, Blogger, LiveJournal, PlentyOfFish, Flickr, and Friendster were all started either right before or during the 01-02 recession, and Disney got its start in the middle of the Great Depression. You just gotta keep your cash outlays less than expenses, find a revenue stream other than advertising, and build something attractive enough that at least some people are willing to pay for it.
- rms 19y agoThey're good for alcohol sales too; hopefully it'll trickle down into the more obscure drugs.