Lot’s of noise today, RIP Good Times, IT’S OVER! POP GOES THE BUBBLE, Sorry, Startups: Party’s Over etc. I think the panic is overdone.
Sure, a lot of startups will fall – and some of them would have done so without a recession anyway. Times are officially tough, but the truly strong businesses will survive, and some of the Web 2.0 whiz-kid baby-CEOs will come out of this as battle-hardened Entrepreneurs.
Talk about Executives… some can wreck the business on their own, they don’t need a crisis: see Entellium wrecked by fraud.
Finally some startups think they can keep on re-architecting forever – see NetBooks, ViewPath (the latter just came out with a new product though.) Good luck to them… wonder if their market runs away…
These are some of the thoughts I’m discussing on CloudAve today – read more here. Even better, grab the feed here.
Update: Want to get off the “Sky is falling” treadmill? Need inspiration? Find it here.
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