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When Tailwinds Vanish
the internet tailwinds that propelled meteoric growth in Silicon Valley are stalling. what next? zero-sum games between web startups, the operationalization of SV, new financial infra, VCs investing in visions over numbers, and R&D beyond the internet. https://t.co/Eufs87s5qS
John Luttigx.comThe venture-backed startup path doesn’t have its 2008, but instead has has something more diffuse and possibly harder to reverse: cultural exhaustion.
Michael Dempsey • VC-Backed Startups are Low Status
In a world of scarcity, we treasure tools. In a world of abundance, we treasure taste. The barriers to entry are low, competition is fierce, and so much of the focus has shifted — from tech to distribution, and now, to something else too: taste.