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Ask HN: Isn't the 2010s tech bubble worse because it's slower?
4 points by untilHellbanned on Dec 1, 2016 | hide | past | favorite | 3 comments
The 2010s seem different from the later 1990s in that the late 1990s bubble popped very fast whereas the 2010s version seems to be a slow trickle of bad news. I'd argue the 2010s tech bubble is significantly worse because people are spending many, many years now on their "startups" without tangible success. Look at Pebble or Dropbox. Is anyone other than the CEO going make any money off all these years of effort? It's kinda like Neil Young quote used by Kurt Cobain in his suicide note: "It's better to burn out than fade away".


The current tech "bubble" is not really a tech bubble - the craziness of the last 10 years is more a symptom of the greater economy than it is the tech start-up industry, and the changing balance is a good thing for the global economy overall, and probably, in the long run, start-ups.

Less money is flowing into tech because it's less appealing relative to the rest of the economy, not because tech is floundering, but because the rest of the economy is more stable.


That may be one of the biggest annoyances of "Agile Methodologies". It's this idea that we can just keep micro-incrementing anything forever. While the principle works great, you end up with this model where you never actually stop/complete/etc...

I'm not saying we should stop that, by any means, precisely the opposite actually, however what we DO need to do is be more focused on actually building sustainable products and services, that generate (gasp) REVENUE/PROFIT, and learn to "Fail Fast" when it becomes a drag.


Why do you think the economy is either good or a bubble?

That's why investors don't even listen to this stuff anymore... they understand the market more than we do




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