After the Gold Rush
techcrunch.com
After the Gold Rush
1–10 of 131 posts
Re: After the Gold Rush
#2Interesting article but I think it has a critical flaw — not all startups are in the consumer space. Of course, there’s not going to be another Facebook for the next couple years at least, but another Stripe — maybe?
Re: After the Gold Rush
#3He said: "Today’s tech behemoths aren’t the lumbering giants of yesteryear. They are leaner and meaner and more competitive precisely because they have co-opted the same technologies startups used to attack them."
But this is far from true with the huge entrenched healthcare tech companies. Many of them haven't even begun to employ the newer software technologies. I'm down the street from the largest medical center in the world and numerous doctors and nurses encourage me all the time with their complaints about the major tech players in the industry. SV has barely scratched the surface of what could be improved and I look forward to seeing many more entrepreneurs join us in this $3 trillion industry.
Re: After the Gold Rush
#4It's somewhat clear that were headed for a bit of a downturn, but this article reeks of the "everything that could be invented has been invented" fallacy.
Re: After the Gold Rush
#5He said: "Today’s tech behemoths aren’t the lumbering giants of yesteryear. They are leaner and meaner and more competitive precisely because they have co-opted the same technologies startups used to attack them." But this is far from true with the huge entrenched healthcare tech companies. Many of them haven't even begun to employ the newer software technologies. I'm down the street from the largest medical center i…
But he is covering that, isn't he?
> Move into new fields that have not (yet) gone through this transition. Tech giants may have adapted (somewhat) to the startup threat, but there are other fields — healthcare, for instance — still trying to adjust to last decade’s technology. These will remain fertile ground for some time yet.
However, we know that this is not an easy field for many reasons (regulations, importance, no mistakes allowed, …). There is a reason why this field seems that stale.
Re: After the Gold Rush
#6He said: "Today’s tech behemoths aren’t the lumbering giants of yesteryear. They are leaner and meaner and more competitive precisely because they have co-opted the same technologies startups used to attack them." But this is far from true with the huge entrenched healthcare tech companies. Many of them haven't even begun to employ the newer software technologies. I'm down the street from the largest medical center i…
The problem with the medical and biological fields is: you generally need expensive equipment. Also, you will need expensive certification.
This is something that wasn't the case for software, so I guess this is also why this goldrush was so much different than anything else we've seen before.
Re: After the Gold Rush
#7I like to scan these articles for numbers before reading. If I don't see any, I exit out.
If you're going to talk about financial/economic phenomena please at least conduct a modicum of quantitative research and give us some concrete data to discuss, not just opinions in a void.
Re: After the Gold Rush
#8It's somewhat clear that were headed for a bit of a downturn, but this article reeks of the "everything that could be invented has been invented" fallacy.
I think it is also kind of missing that you can't easily draw parallels with the past here, as the field we are mostly talking about – software making, I think – is the first(?) modern big industry field where the means of production are in the hand of the workers. You can't easily compete with car companies, cause most of us won't have the means to even produce a prototype. But nothing is stopping someone capable enough from building his own OS, for example. And yeah, then we come to the forces of design and market share, but still – this is fairly new and distinct.
Re: After the Gold Rush
#9He said: "Today’s tech behemoths aren’t the lumbering giants of yesteryear. They are leaner and meaner and more competitive precisely because they have co-opted the same technologies startups used to attack them." But this is far from true with the huge entrenched healthcare tech companies. Many of them haven't even begun to employ the newer software technologies. I'm down the street from the largest medical center i…
The problem with the medical and biological fields is: you generally need expensive equipment. Also, you will need expensive certification. This is something that wasn't the case for software, so I guess this is also why this goldrush was so much different than anything else we've seen before.
Good point, but my medical friends' complaints tend to be about the software they have to use more than anything else. And on top of that there's a lack of software tools for a lot of things they do.
Re: After the Gold Rush
#10Now that TC announced it, it's official people! Time to close shop, pack your bags and leave.
Startup gold-rush is anything but over. Tell me this: if not into startups, where will the money go to find possible returns? Negative interest rates, oil price can't find the bottom and stocks aren't really going anywhere either. So where will this money go?