I would definitely not want to be a founder in this current environment. Starting a small business that is safe and scalable versus starting a risky startup I feel are two very different things.
Maybe if young people graduate into a market where entry positions are more scarce they will have no choice. But the data I'm seeing on seed rounds or series A are abysmal. A market with FOMO that is ultra competitive among AI startups is to me bonkers.
Presumably we are due for a recession where you'd expect the number of startups to actually rise?
I would definitely not want to be a founder in this current environment. Starting a small business that is safe and scalable versus starting a risky startup I feel are two very different things.
"The best time to plant a tree was twenty years ago. The second best time is now.'"
Maybe if young people graduate into a market where entry positions are more scarce they will have no choice. But the data I'm seeing on seed rounds or series A are abysmal. A market with FOMO that is ultra competitive among AI startups is to me bonkers.
Presumably we are due for a recession where you'd expect the number of startups to actually rise?
Michael, you raise valid concerns about today's challenging startup environment.
tough startup environments often create unique opportunities for resilient founders to thrive.
🙌
Fantastic work Burak!