11–20 of 150 posts
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The question should be is the rate of churn of startups going up. One might interpret the facts as presented to indicate that startups are fashionable, and more people are starting them. A certain percentage are likely to fail.
This can happen BECAUSE economy is shit. I am in Brazil, right now completely unemployed (technically I never was employed in first place, so I don't count as unemployed in statistics), and out of work. So I am thinking of what business to start, this time... (I legally own 3 business, and I think I am heir of more 3 or 4) Because the ones I have none are profitable at all, and I can't find any work (not even superma…
The scope of this article seems to be VC-backed businesses, and more specifically ones that have had more than one round of funding, but have either run out of money, or are on the obvious path to run out of money..
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Yeah, one can imagine him coming into the house uninvited and starting to examine their equipment and various other assets.
Vampires can't enter a house uninvited.
2015 was a banner year for startup funding, and you would expect many of those war-chests to be running low right around now.
[0] http://www.bizjournals.com/sanjose/news/2017/03/09/quixey-al...
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I am smiling just thinking about it: "How much is that server worth?" "[Some funny techie answer that is literal, irrelevant, and absurd]" Nods and takes notes.
"Well, if it and the mirrors in New York and London go down at once, it's worth the whole company. So, I guess, one-third the company?"
(I have no idea what the actual number is.)
I've been saying that since mid-2015 we've been seeing a slow down in the startup sector overall. Last year it was clear that new startup creations isn't keeping pace with previous years and shutdowns are more common. I think 2017 will be a disastrous year for startup formation and venture investment. SXSW this year was diminished from what it was in past years and it's clear that there's a pullback across the board.
I did notice the trade show seemed dominated by the country pavillions like I don't remember before. It made me wonder if they were basically bussing in international startups to cover up for the general lack of startups that wanted to buy a booth.
Earlier quoted context omitted.
I am smiling just thinking about it: "How much is that server worth?" "[Some funny techie answer that is literal, irrelevant, and absurd]" Nods and takes notes.
"Well, if it and the mirrors in New York and London go down at once, it's worth the whole company. So, I guess, one-third the company?"
And how much is Amazon up today?