Ask HN: Which startups are thriving in the downturn?

Post by sakopov » Wed, Aug 17, 2022, 3:02 PM UTC

jeffbee wrote: post #27

sakopov wrote: post #20

Earlier quoted context omitted.

> and inflation already seems to be dying down anyway. I̶ ̶d̶o̶n̶'̶t̶ ̶k̶n̶o̶w̶ ̶i̶f̶ ̶I̶'̶m̶ ̶t̶h̶a̶t̶ ̶o̶p̶t̶i̶m̶i̶s̶t̶i̶c̶.̶ ̶I̶ ̶t̶h̶i̶n̶k̶ ̶i̶n̶f̶l̶a̶t̶i̶o̶n̶ ̶i̶s̶ ̶s̶t̶i̶l̶l̶ ̶8̶.̶5̶%̶ ̶m̶o̶n̶t̶h̶-̶t̶o̶-̶m̶o̶n̶t̶h̶ ̶a̶n̶d̶ ̶o̶n̶l̶y̶ ̶d̶o̶w̶n̶ ̶0̶.̶6̶%̶ ̶f̶r̶o̶m̶ ̶p̶r̶e̶v̶i̶o̶u̶s̶ ̶m̶o̶n̶t̶h̶.̶ ̶W̶e̶'̶d̶ ̶n̶e̶e̶d̶ ̶s̶e̶v̶e̶r̶a̶l̶ ̶m̶o̶n̶t̶h̶s̶ ̶o̶f̶ ̶d̶r̶o̶p̶s̶ ̶t̶o̶ ̶c̶o̶n̶c̶l̶u̶d̶e̶ ̶t̶h̶a̶t̶ ̶i̶n̶f̶l̶a̶t̶i̶o…

You're not ever going to see long-term, broad price drops. That would be deflation. Your statement appears highly misleading, as if you don't understand the topic. Prices (in the U.S.) did not rise at all in July, so it's not clear what you could mean by "8.5% month-to-month" which, as stated, would be a spectacular and unprecedented rate. The month-over-month inflation in July was none. Prices rose 8.5% vs. year-ago…

Post by bruceb » Wed, Aug 17, 2022, 3:08 PM UTC

kkielhofner wrote: post #38

In the crypto ecosystem the compliance and anti-fraud space is doing very well (it's about time): https://techcrunch.com/2022/05/24/doppel-helps-nft-projects-... https://www.coindesk.com/business/2022/07/20/ai-based-startu... https://www.theblock.co/post/159791/center-raises-11-million Shameless plug - Doppel and Optic are direct competitors for what I've been building: https://fnftf.io/ (We're the only solution that…

Post by rank0 » Wed, Aug 17, 2022, 3:10 PM UTC

NickM wrote: post #12

I find the whole "economic gloom" sentiment a bit odd. We're at extremely low unemployment, and GDP took a small dip in Q1/Q2 but is projected to start growing again in the second half of the year. The S&P 500 is down less than 10% from it's all-time high. Inflation was an issue for a while, but a lot of that seemed to be driven more by temporary supply constraints in certain sectors than any actual currency devaluat…

Post by collegeburner » Wed, Aug 17, 2022, 3:14 PM UTC

D13Fd wrote: post #35

AnEro wrote: post #13

Earlier quoted context omitted.

Knowing people that make under 60k a year, and how harder their lives got and how hard it is to pay back loans and other obligations they where ulitmately strong armed into taking to improve their position. Not to mention how alot of western nations have a large majority of people are pay check to pay check regardless of their tax bracket. Working class is a good litmus of how the economy is doing vs S&P because spec…

Having debt is not the worst thing in an inflationary period. The inflation reduces the value of your debt.

Post by hpkuarg » Wed, Aug 17, 2022, 3:16 PM UTC

felipellrocha wrote: post #40

NickM wrote: post #12

I find the whole "economic gloom" sentiment a bit odd. We're at extremely low unemployment, and GDP took a small dip in Q1/Q2 but is projected to start growing again in the second half of the year. The S&P 500 is down less than 10% from it's all-time high. Inflation was an issue for a while, but a lot of that seemed to be driven more by temporary supply constraints in certain sectors than any actual currency devaluat…

I think you know the answer: > The recent interest rate hikes also didn't seem to have nearly as much impact on the markets as everyone feared they would. Markets aren’t rational