Comments on: We’re Not Rock Stars Anymore

By: karl baker

karl baker — Fri, 10 Oct 2008 01:47:19 +0000

cometh the second dot com boom and bust.

By: sbspalding

sbspalding — Fri, 10 Oct 2008 00:04:17 +0000

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

By: Bijou Argent Tibetain

Bijou Argent Tibetain — Thu, 09 Oct 2008 23:55:20 +0000

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.

By: sbspalding

sbspalding — Thu, 09 Oct 2008 23:23:15 +0000

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.

By: Tony

Tony — Thu, 09 Oct 2008 23:12:55 +0000

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”.

By: sbspalding

sbspalding — Thu, 09 Oct 2008 22:49:17 +0000

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

By: Michael Bailey

Michael Bailey — Thu, 09 Oct 2008 21:48:28 +0000

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