7 comments

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  Michael Bailey

  9 months ago

  Ok, so getting back to the fundamentals of doing business - there's nothing bad that anyone can really say about that, is there?
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  sbspalding

  9 months ago

  I'd agree, sometimes it takes problems like this to get an industries
  "youthful exuberance" in check.
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• 

  Tony

  9 months ago

  If a startup relies on ad income -- yes, they will get hit by a recession.
  
  Though it seems that a lot of startups, especially in the earlier stages, are really zero-revenue operations. If the plan is to simply grow the user-base for a while, and worry about having a business model later, then the only additional caveat is hoping for the economy to be out of recession by that "later".
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• 

  sbspalding

  9 months ago

  That's a part of the problem, if you are zero revenue and minimal burn
  you're fine but when money starts getting tighter it becomes a lot
  harder to rest on your haunches and hope.
  
  I expect that in the near future, the surviving companies will begin
  to show us more sophisticated business models.
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• 

  Bijou Argent Tibetain

  9 months ago

  When you talk about fundamental of doing a business, one word comes into mind, "trust". When there has been a breach of this bond between buyers and sellers/investers, we can only hope for the kind of market we are experiencing right now. Like they say, trust once broken takes time to rebuild", we will just have to be patient and keep our fingers crossed.
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• 

  sbspalding

  9 months ago

  Interesting way of looking at this and I tend to agree. We need to
  start providing rational value for consumers again.
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• 

  karl baker

  8 months ago

  cometh the second dot com boom and bust.
  reply