I find "death of startups" extremely unconvincing, when interest rates are so close to zero and big tech companies are still hoarding cash.
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This is the visual metaphor that comes to mindhttps://www.youtube.com/watch?v=vLRu9_B36TY …
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Spend an extended time in “Asia”, specifically China then ASEAN, then SEA. You’ll see the opportunities are now outside of the US.
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Social acceptance of failed startups is our biggest asset in the bay area. Hard to replicate. Upstart ecosystems haven't survived a bust.
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This is why Asia will have a tough time defeating the American innovation economy. Even if Asia increases it's allocation to venture capital investments, I think they lack 1) the bold vision, and 2) the appetite for risk.
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As Yogi Berra said, nobody goes there anymore—it got too popular.
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It’s primarily a housing constraint, the tech industry needs to lead the change here rather than watching on the sidelines.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Why isn't more new properties being built?
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Primarily because of NIMBYism in SF and Proposition 13 in California.
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i think whats just as crazy is that the people doing the squandering may actually agree with you and it still would be in the self interest to continue what they’re doing. i wonder if history will judge us harshly for that fact, too.
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Time to plow some tech profits into bricks and mortar
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