updated 1mo ago
The dawn of a new startup era
sari and added
- Hindsight is 2020
I don’t mean “hindsight is 20/20.” I’m talking about the year 2020.
See, early in 2023, I wrote an article about starting and growing a business in 2023, and in that article I referenced this very same seismic shift in startup dynamics — a shift that, no surprise, began all the way back with the pandemic in 2020.
That’s the tricky t... See morefrom Starting a Business Looks Drastically Different in 2024 by Joe Procopio
Britt Gage added
How startups changed since 2020:
-Consumer fell out of love with technology
-Business & Venture OverIndexed on AI
-Money went from Tight to Scared
What’s happening now:
-self founded, funded & reliant
-Profitable out of the gate
-solving problems and building with slower burn rate
-Innovating strategically alongside technical innovation
How do generalists help? Taking a broad approach gets you further faster - The startup ecosystem is experiencing a series of changes that can't be ignored:- cambrian explosion of funding availability- more value is being created on private markets- going from zero to one is no longer a dark art - ie more talented operators, more infrastructure to build quickly and cheaplyChange is coming to the VC ecosystem. Who will win:... See more
from The Three-Body Problem: Finding the New Stable Points in Venture Capital
Sarah Drinkwater added