Deadpool
There is an interesting meme opening up, which seems to be started by Jason Calacanis. I have glanced over some of these articles and they all seem to be of the same thinking: 2/3 of all web startups will die because of the credit crunch.
Really? Couldn’t it also be that 2/3 of all services aren’t providing something truly valuable? They cannot overcome a rough period with loyal, loud, and evangelizing users/customers? Couldn’t it be that they are too dependent on OPM (Other people’s money)?
Honestly, I find that most startups today, especially in the webspace, are nothing more than doodads. In a good economy, people might buy them/use them, but in a struggling economy they are the first to go.
I find this much ado about nothing and more about stating the obvious and naval gazing. The bottom line is create value everyday and you won’t have to worry about a struggling economy. You will survive the downturn and emerge when the economy does turn around.
