0

“startups are chasing the wrong thing right now” #makerbusiness

Adafruit 4299

Bill Gurley Goldman Sachs conference – Business Insider.

Subsidizing their way into the market is “going to hurt,”…

“Pay attention. These companies aren’t going through a proper audit process. … We’re drifting from high-margin businesses to ever-increasing low-margin businesses in terms of what we’re saying are unicorns. Be careful. I don’t think it’s sustainable if you extrapolate that way.”

In an interview with the Wall Street Journal last fall, Gurley said that burn rate is the highest it’s been since 1999, and that startups are taking on an “unprecedented” level of risk because it’s easy for startups to raise money. Warning of a tech bubble mirroring that of the late 90s, he also says people are happily working at startups that may be losing millions of dollars a year because the industry is very optimistic.

..many of today’s entrepreneurs weren’t around for the last tech bubble. “They have no muscle memory whatsoever,” he said. “If the environment were to change dramatically, the types of gymnastics that it would require companies to readjust their spend is massive. So I worry about it constantly.”

Read more.


Make a robot friend with Adafruit’s CRICKIT – A Creative Robotics & Interactive Construction Kit. It’s an add-on to our popular Circuit Playground Express, FEATHER and other platforms to make and program robots with CircuitPython, MakeCode, and Arduino. Start controlling motors, servos, solenoids. You also get signal pins, capacitive touch sensors, a NeoPixel driver and amplified speaker output. It complements & extends your boards so you can still use all the goodies on the microcontroller, now you have a robotics playground as well.

Join 7,500+ makers on Adafruit’s Discord channels and be part of the community! http://adafru.it/discord

CircuitPython in 2018 – Python on Microcontrollers is here!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Follow Adafruit on Instagram for top secret new products, behinds the scenes and more https://www.instagram.com/adafruit/


Maker Business — Despite multiple bankruptcies, RadioShack continues to find ways to keep the lights on

Wearables — Molding with glue

Electronics — A few words on inductor resistance

Biohacking — Running Blades

Python for Microcontrollers — Help bring CircuitPython to other languages!

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.