I'm not going to talk about bubbles bursting, because I'm absolutely not an expert, but we're seeing exactly the same thing in Israel and I'm sure we're not alone. It mirrors the Big Tech cutbacks...
I'm not going to talk about bubbles bursting, because I'm absolutely not an expert, but we're seeing exactly the same thing in Israel and I'm sure we're not alone. It mirrors the Big Tech cutbacks and layoffs, and I can't say I see it as a problem; let the ideas with a solid business plan thrive.
While this isn't 100% good because the occasional oddball idea that would work won't get funded, it still seems reasonable to only fund pitches that can hold up to reasonable questions regarding...
As investors ask tougher questions, analysts say some start-ups will not survive in this climate.
While this isn't 100% good because the occasional oddball idea that would work won't get funded, it still seems reasonable to only fund pitches that can hold up to reasonable questions regarding runway, potential markets, development time, etc. When anyone can get a few million for any old idea, it's mostly just a programmer QOL subsidy rather than leading to new innovation.
I graduated high school in the 80s so I have seen a few tech bubbles burst. Pets.com lol. https://www.investopedia.com/ask/answers/08/dotcom-pets-dot-com.asp
Honestly, I think of Pets.com as a good idea at the wrong time, before the infrastructure and cultural sentiment was ready for them. Just look at the success of online retail now. We just weren't...
Honestly, I think of Pets.com as a good idea at the wrong time, before the infrastructure and cultural sentiment was ready for them. Just look at the success of online retail now. We just weren't ready for it, and they weren't ready for changing market conditions to handle any downturns.
Also poor execution. Chewy has done the exact same thing and they absolutely dominate the marked. It's incredibly hard to order commercial pet food online that doesn't come from Chewy.
Also poor execution. Chewy has done the exact same thing and they absolutely dominate the marked. It's incredibly hard to order commercial pet food online that doesn't come from Chewy.
I'm a little young to know the details of how they handled the execution, but I was definitely thinking of Chewy when I said that it'd been shown to be a good idea.
I'm a little young to know the details of how they handled the execution, but I was definitely thinking of Chewy when I said that it'd been shown to be a good idea.
I'm not going to talk about bubbles bursting, because I'm absolutely not an expert, but we're seeing exactly the same thing in Israel and I'm sure we're not alone. It mirrors the Big Tech cutbacks and layoffs, and I can't say I see it as a problem; let the ideas with a solid business plan thrive.
While this isn't 100% good because the occasional oddball idea that would work won't get funded, it still seems reasonable to only fund pitches that can hold up to reasonable questions regarding runway, potential markets, development time, etc. When anyone can get a few million for any old idea, it's mostly just a programmer QOL subsidy rather than leading to new innovation.
I graduated high school in the 80s so I have seen a few tech bubbles burst. Pets.com lol. https://www.investopedia.com/ask/answers/08/dotcom-pets-dot-com.asp
Honestly, I think of Pets.com as a good idea at the wrong time, before the infrastructure and cultural sentiment was ready for them. Just look at the success of online retail now. We just weren't ready for it, and they weren't ready for changing market conditions to handle any downturns.
Also poor execution. Chewy has done the exact same thing and they absolutely dominate the marked. It's incredibly hard to order commercial pet food online that doesn't come from Chewy.
I'm a little young to know the details of how they handled the execution, but I was definitely thinking of Chewy when I said that it'd been shown to be a good idea.