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Startup mania


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2012 Dec 13, 7:33am   1,336 views  1 comment

by raindoctor   ➕follow (0)   💰tip   ignore  

What's going on with startups? Every MBA-type comes up with some idea to start some company. Here, I lots of ex-product manager types, MBA types, etc.

There are many problems out there; and these problems need solutions. Not many pay for the solution. And this tells another story: the problems many startups try to solve are not worthy of solving. Of course, it is worthy to the founder in terms of satisfaction. Today, we look at companies worthiness in terms of money.

I have overheard many conversations like "My boyfriend has founded this startup; etc". Once I figure out what that startup doing. It is not worth wasting time solving such issues, unless you can fund yourself to derive that satisfaction of solving.

There are so many naive startup-guys. Majority of them think that 'pursuing' that start up passion helps them rake in millions. I don't see any difference between buying a lotto ticket and starting a new company--in terms of odds.

What is going on? Why people think that it is 'that' easy to find some problem, then found a company, etc.

Just share your experience of naive start up types. Or you can rant whatever you want as long as it is about startups.

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1   lostand confused   2012 Dec 13, 7:40am  

Well, if you are able to secure other people's money for the start up and play with it-then what is the risk?

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