21–30 of 162 posts
I wished there was some sort of prequel to Silicon Valley, e.g. the Aviato story.
Too bad that TJ Miller (Elrich Bachman) probably won't be associated with it.
hey the kid from third rock, aka the kid from inception is..looking kinda middle aged. I feel old now.
I wished there was some sort of prequel to Silicon Valley, e.g. the Aviato story.
One of the funny/sad consequences of watching Silicon Valley, is that a lot of my friends (in my African country where only 4% has electricity) think that the startup need to expand no matter what, even if it has no viable business model, you can run a "budgetivore" business for many years like Linkedin/Amazon and in the end you will find a business model. So imagine. Instead of building good and sound startups that…
One of the funny/sad consequences of watching Silicon Valley, is that a lot of my friends (in my African country where only 4% has electricity) think that the startup need to expand no matter what, even if it has no viable business model, you can run a "budgetivore" business for many years like Linkedin/Amazon and in the end you will find a business model. So imagine. Instead of building good and sound startups that…
That's not what your African friends think, that's literally a very huge part of the startup ecosystem anywhere. I have worked in few startup incubators, and most of the companies I've seen are merely interested in getting a good evaluation and getting bought from someone else. The amount of startups I've seen with the interest of actually making any "profit" is very low. I think this is also a reflection of several…
'Halt and Catch Fire' (Fictional but good) 'Sillicon Valley' (Fictional and comedy but also good) 'The Playlist' (About Spotify, which isn't failure)
I feel like Spotify’s value is mainly to the big 3 music publishers to gain negotiating power against Apple/Alphabet/Amazon. It has existed since 2006, and still losing money. And lots of it.
https://www.macrotrends.net/stocks/charts/SPOT/spotify-techn...
That in turn covers the outlay by venture money. All those companies that burn money in fire pits are essentially subsidized by the staggering amount of money that some new companies only recently formed in the past 20 years are printing.
Spray and pray and see what sticks for investors will work in this type of rapid revolutionary environment.
One of the funny/sad consequences of watching Silicon Valley, is that a lot of my friends (in my African country where only 4% has electricity) think that the startup need to expand no matter what, even if it has no viable business model, you can run a "budgetivore" business for many years like Linkedin/Amazon and in the end you will find a business model. So imagine. Instead of building good and sound startups that…
no startup can compete against an america company backed by endless cheap money. Not that founders dont want to turn a profit its just a cruel game and its the way its until cheap money ends in USA(it never happens bcz no gov wants recession on their watch).
The "problem" is we really are in an technology revolution similar to the industrial revolution 200-300 years ago. For every 100 tech startup businesses that don't generate a penny of profit and are propped up by hyper valuations and stock prices, there are companies like Facebook and Google and Apple that absolutely print money in profits. That in turn covers the outlay by venture money. All those companies that bur…
The crop that came after that (Uber/Airbnb/Snap/etc) do not show the same, except maybe Bytedance, but their numbers are not public.
'Halt and Catch Fire' (Fictional but good) 'Sillicon Valley' (Fictional and comedy but also good) 'The Playlist' (About Spotify, which isn't failure)
>About Spotify, which isn't failure I feel like Spotify’s value is mainly to the big 3 music publishers to gain negotiating power against Apple/Alphabet/Amazon. It has existed since 2006, and still losing money. And lots of it. https://www.macrotrends.net/stocks/charts/SPOT/spotify-techn...
It's a fucked up system, but it seems most companies go through this.