When They Are Throwing Money At You

Post by chailatte » Wed, Jan 12, 2011, 5:53 PM UTC

tomjen3 wrote: post #9

beoba wrote: post #8

Earlier quoted context omitted.

"I have not seen a better time to raise money for web startups since the late 90s." oh boy...

The difference is that it is so cheap to do your own startup that you can do it with or without other people's money. That was not the case 12 years ago. The second thing is that the rest of the country is in the worst recession in 70 years - if you are not going to put your money in tech, where are you going to put them? When the recession ends, money will flow out of tech and into the general market, but that is go…

Post by jeandenis » Wed, Jan 12, 2011, 7:23 PM UTC

Post by tomjen3 » Wed, Jan 12, 2011, 11:56 PM UTC

chailatte wrote: post #11

tomjen3 wrote: post #9

Earlier quoted context omitted.

The difference is that it is so cheap to do your own startup that you can do it with or without other people's money. That was not the case 12 years ago. The second thing is that the rest of the country is in the worst recession in 70 years - if you are not going to put your money in tech, where are you going to put them? When the recession ends, money will flow out of tech and into the general market, but that is go…

1.) Price of starting a startup has nothing to do with overvaluation of companies and the corresponding investment into those companies, which defines a bubble. Such as "oh I'm sure that those photo-sharing apps will find a revenue model eventually", etc. 2.) We're in a great depression. Not a run-of-a-mill recession. And "if you are not going to put your money in tech, where are you going to put them?" is precisely…