TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Battening Down The Hatches

4 pointsby mchang16about 17 years ago

1 comment

bootloadabout 17 years ago
<i>"Companies that are built on having lots of users but no real revenues won’t last. That all changes with the downturn”</i><p>I like this quote. Notice the sudden change in the vc funding market. The barriers to entry have gone up a bit due to the credit squeeze. Now risk has a different price. It's interesting to see how this cycle repeating. Now all those funded companies that don't convert users into dollar making users are going to get squeezed.