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The Circle of Life. https://www.youtube.com/watch?v=o8ZnCT14nRc https://www.youtube.com/watch?v=o8ZnCT14nRc I find this somewhat troubling. Trust an old-timer

The Circle of Life. https://www.youtube.com/watch?v=o8ZnCT14nRc https://www.youtube.com/watch?v=o8ZnCT14nRc I find this somewhat troubling. Trust an old-timer: When the circle comes around to the point where it tips toward hiring MBAs again, it's time to sell and take cover. A couple years after they destroy the economy again, you come back in and buy. Not necessarily a bad thing - for everything there is a season - just something to be aware of.

lgleason 12y ago
This is probably why the Atlanta startup scene has taken off. If you look at the area it is saturated with sales and MBA folks. They all beat their chest about how great Atlanta is for tech and how it is emerging. But in reality it, along with a lot of other traditionally non-tech towns are getting the overflow from The Valley which is over-heated. When that bubble pops many of these towns, MBA's etc. will be faced with tough job prospects.
- AJ007 12y ago
  Is there a city now without a 'tech' scene? From Milwaukee to San Juan - incubators, co-working spaces, education initiatives, financial & tax incentive programs, all proclaiming they will grow the entire local economy out of whatever doldrums it sits in. In terms of bubble, the low yields on junk debt globally are a really, really big problem. An angel investment in a small startup that folds, or a VC investment in an instant unicorn (term I saw on TC recently) that imploads, your money goes to $0. Or maybe you lose 50%, 60% on a public tech company. On debt, this will impact everything from the money markets holding business and individual cash to the institutions, both public and private, that think business is good because they depend on high risk low cost finance to perform their day to day operations. 2015+ is very scary even for bears.
  - dataker 12y ago
    Indeed, even Detroit has a considerable startup scene: http://www.fastcompany.com/3014543/detroit-is-going-bankrupt-but-its-tech-community-is-going-strong http://www.fastcompany.com/3014543/detroit-is-going-bankrupt...
- deleted 12y ago
  [deleted]

lgleason 12y ago

This is probably why the Atlanta startup scene has taken off. If you look at the area it is saturated with sales and MBA folks. They all beat their chest about how great Atlanta is for tech and how it is emerging. But in reality it, along with a lot of other traditionally non-tech towns are getting the overflow from The Valley which is over-heated. When that bubble pops many of these towns, MBA's etc. will be faced with tough job prospects.

AJ007 12y ago
Is there a city now without a 'tech' scene? From Milwaukee to San Juan - incubators, co-working spaces, education initiatives, financial & tax incentive programs, all proclaiming they will grow the entire local economy out of whatever doldrums it sits in. In terms of bubble, the low yields on junk debt globally are a really, really big problem. An angel investment in a small startup that folds, or a VC investment in an instant unicorn (term I saw on TC recently) that imploads, your money goes to $0. Or maybe you lose 50%, 60% on a public tech company. On debt, this will impact everything from the money markets holding business and individual cash to the institutions, both public and private, that think business is good because they depend on high risk low cost finance to perform their day to day operations. 2015+ is very scary even for bears.
- dataker 12y ago
  Indeed, even Detroit has a considerable startup scene: http://www.fastcompany.com/3014543/detroit-is-going-bankrupt-but-its-tech-community-is-going-strong http://www.fastcompany.com/3014543/detroit-is-going-bankrupt...
deleted 12y ago
[deleted]