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Startup Bubble?
How do you feel about the thesis about the possibility of the startup bubble bursting in the near future?
Like, projects do not develop their product, but focus only on finding investments and inflate their estimated value to incredible proportions.
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It's not a "possibility", it's a fact: anyone who says the words "startup", "smoothie", "coworking" will be automatically destroyed by fighting humanoid robots.
This has already happened at the turn of the century, for example.
Known as the "collapse of the dot-coms".
There are a lot of similar things in areas unknown to us.
Easy money migrates from time to time.
So it's okay.
I can’t imagine the collapse, the entire business / production is automated and goes online, now it’s Alaska in web services, who was the first to stake out the placeholder today, tomorrow he reaps more profit. The collapse of dot-coms was because there was no expertise and people invested in everything. Startups are now an increasingly predictable business.
The number of people involved in the process is only growing. I think this is the emergence of a new culture, when we will mainly pay attention to the production of media content, and production will remain robots. "Everyone will be developer" :)
Collapse is possible if the general economic conditions for this develop (cheap money becomes scarce). I recently heard how the writers of the series Silicon Valley suffered: due to the constant increase in the cost of startups, they had to rewrite the lines of the characters. For example, they wrote that the character owns 10% of Grindr. And after some time, Grindr was already estimated at a billion, and 10% would have cost 100 million. As a result, it had to be rewritten to "owns a small stake in Grindr."
I would recommend that you bet on the collapse of startup bubbles, otherwise there is a risk of losing investments and then crying and blowing bubbles yourself
Yes, the collapse of startup bubbles will be in the near future due to increased competition for resources. But this does not mean that truly worthy projects will remain without investment. Make good products for the consumer - this always gives a stable position.
The problem, even in my opinion, is not so much in startups, but in the fact that inexperienced programmers have gone through dozens of large companies, but in the end, with porridge in their heads, they sell themselves for 100,500 bucks a year ... More precisely, their HR managers sell for a high price, with impressive track records, but in fact fi ...
And how can one relate to this? The value of a company (business, start-up) is assessed by customers (people), and they tend to overestimate or underestimate. =)
The startup market has not yet begun to operate at full capacity. And if there are excellent platforms for attracting money from ordinary people, I see a great future.
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