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The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

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Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#3

If there isn't yet a Silicon Valley episode featuring a thinly veiled expy of this gentleman, I can't imagine why not.

Yeah, one can imagine him coming into the house uninvited and starting to examine their equipment and various other assets.

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#5

The number of wind-downs a week is presented as interesting, but there's no indication how this represents the health of startups in general instead of his businesses ability to get customers.

In the title, no.

The indication (more than normal) is given in the response to the first question, from which the article's title is taken:

> MP: We’re seeing two to four companies wind-down a week, which we’ve never seen before. I think more [investors] are taking the Sequoia Capital approach, meaning if something isn’t working, they’re moving on

edit: I think the parent was slightly edited but apologies if I simply misread.

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#6

The number of wind-downs a week is presented as interesting, but there's no indication how this represents the health of startups in general instead of his businesses ability to get customers.

In the title, no. The indication (more than normal) is given in the response to the first question, from which the article's title is taken: > MP: We’re seeing two to four companies wind-down a week, which we’ve never seen before. I think more [investors] are taking the Sequoia Capital approach, meaning if something isn’t working, they’re moving on edit: I think the parent was slightly edited but apologies if I simpl…

Would be interesting to compare this to the number of start-ups being funded and whether that has increased.

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#7

The number of wind-downs a week is presented as interesting, but there's no indication how this represents the health of startups in general instead of his businesses ability to get customers.

In the title, no. The indication (more than normal) is given in the response to the first question, from which the article's title is taken: > MP: We’re seeing two to four companies wind-down a week, which we’ve never seen before. I think more [investors] are taking the Sequoia Capital approach, meaning if something isn’t working, they’re moving on edit: I think the parent was slightly edited but apologies if I simpl…

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.

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#8

If there isn't yet a Silicon Valley episode featuring a thinly veiled expy of this gentleman, I can't imagine why not.

Yeah, one can imagine him coming into the house uninvited and starting to examine their equipment and various other assets.

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.

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#9

Earlier quoted context omitted.

Yeah, one can imagine him coming into the house uninvited and starting to examine their equipment and various other assets.

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?"

Re: The ‘Terminator’ of startups says he’s seeing two to four wind-downs a week

#10

Earlier quoted context omitted.

In the title, no. The indication (more than normal) is given in the response to the first question, from which the article's title is taken: > MP: We’re seeing two to four companies wind-down a week, which we’ve never seen before. I think more [investors] are taking the Sequoia Capital approach, meaning if something isn’t working, they’re moving on edit: I think the parent was slightly edited but apologies if I simpl…

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 supermarket cashier).

And I noticed, that on social sites (Facebook for example) that shows employment, lots of people are becoming business-people too, for example I noticed scores of 18 year olds that own some business selling cakes, or making clothes, or other stuff like that.

It is basically desperation, people can't find jobs, so they start their own business out of desperation, and of course most of these will fail anyway, from the smallest one (someone selling cupcakes from their garage) to the biggest ones (venture-backed stuff post-IPO...)

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