4 ms·
Sounds like bubble gambling talk to me. I'd rather make something a bit more lasting.
by bumblebird 17y ago
Sounds like bubble gambling talk to me. I'd rather make something a bit more lasting.
- vaksel 17y agothe problem is that you don't know if it will last. In fact, you are almost guaranteed to be deadpooled. Whether by getting crushed by a bigger opponent(the company offering a buy out has money to burn, if they don't buy you, they'll buy your competitor) or by a savvy startup which gets lucky. Where is Lycos? Where is Altavista? Where is Friendster? When you can't take a step without stumbling over a corpse of a rotting startup, gambling it all away in hopes that you are an exception just seems silly. It's better to sell out early, secure your future, then once you can risk it all without ending up in a poor house, you can go all the way with your second startup.
- netcan 17y agoIf you owned a 'hot' company in the bubble & decided to 'make something a bit more lasting,' you probably went bust. Those that got out, won. If you think that the market is too hot, what you are saying is that startups are overvalued. If you hold an asset you believe is overvalued, you should sell it. Holding overvalued assets because they wil be even more overvalued later is bubble talking. BTW, I'm not saying there is a bubble. Just reacting to the commentator's POV.