The Era of Startups Is Over

Post by ldjkfkdsjnv » Sun, Oct 08, 2023, 6:54 PM UTC

vagab0nd wrote: post #9

michaeljx wrote: post #4

Earlier quoted context omitted.

I ve been bootstrapping a one-man tech company my self, and with 100usd/month I have the following facilities: managed db with weekly backups, managed kubernetes with autoscaling(DO), ci/cd (GitHub + self hosted runners), VPN meshing (tailscale), and a bunch of other open source tools (airflow, selenium, etc). This would have required an entire IT department only 5-7 years ago

If it's easy for you, it's easy for your competitors too. IMHO, how easy it is to start a startup is dictated by the competition, not the accessibility of the underlying technology. The tech is always the state of the art at the current time. But that doesn't have any bearing on markets, resources, hiring, etc.

Post by ghaff » Sun, Oct 08, 2023, 7:00 PM UTC

ianbutler wrote: post #6

The era of startups isn't over. The era of low quality startups certainly is though, which is basically the point this article makes at the end among the general doomery. This in my opinion, is great news. Being a startup can be conceived of as one possible path taken as an early phase in the business cycle, hard to see that changing. What is changing is now you have to be more realistic about justifying to others th…

Post by pier25 » Sun, Oct 08, 2023, 7:02 PM UTC

vonnik wrote: post #11

Shallow ahistorical analysis. Apple and Microsoft were born in the oil shocks of the late 70s and survived Volcker’s high rates through the early 80s. Google barely took off before the tech crash wiped out the Valley in 2001. Many companies we use today were young and dicey affairs during the 2008-2009 financial crash. Just because the bloom is off the rose, and both VCs and financial tourists like Tiger are overfund…

Post by ianbutler » Sun, Oct 08, 2023, 7:03 PM UTC

ghaff wrote: post #23

ianbutler wrote: post #6

The era of startups isn't over. The era of low quality startups certainly is though, which is basically the point this article makes at the end among the general doomery. This in my opinion, is great news. Being a startup can be conceived of as one possible path taken as an early phase in the business cycle, hard to see that changing. What is changing is now you have to be more realistic about justifying to others th…

>You now need to be more realistic about what is a lifestyle business or something that can be bootstrapped into a solid medium sized business through slow methodical growth I sort of dislike the term "lifestyle business" as to me the term implies something you can do without working too hard at it--which is not necessarily the case. That said, I agree that putting a bunch of the background tech and supporting servic…

Post by hcks » Sun, Oct 08, 2023, 7:08 PM UTC

freitzkriesler2 wrote: post #20

Animats wrote: post #8

That's just an intro. I was expecting to scroll down to graphs of startup rates and VC returns. But no. He just makes the statement with no backup. So, is this a legit claim?

General thesis is cream always rises to the top even in high interest rate environments. Crappy, pointless startups will struggle and wither without the easy credit spigot. So yeah, it's legit and always has been.