[olivermarks]

TechCrunch, the over confident tabloid reporters of hype who only a few weeks ago were all breathless about 'unicorns', are now swinging the pendulum to the other extreme. I'm in the bay area and there is a new realism for sure, but the idea that low buck entrepreneurialism is 'over' is absurd.

Most of the current wave of tech's origins are in the Web 2.0 'read/write' web that came after the dot com pump and dump funding fiasco...twitter et al grew out of the ashes of the last vc and wall street debacle. we are a similar inflection point IMO, where honest innovation will be more important than megabuck funding fests...

[jestrada]

I think you're right. Most of what we read in media is the latest hype. Unicorns were hype and covered to no end. This weeks hype is the end times of tech.

There's no middle ground in most of the news I read. Imo, the markets are tightening up forcing companies at all stages to cut their budgets and/or generate revenue.

Tighter markets and harder conditions does not equate to the stagnation of tech. They are not the same. In fact, constraints lead to greater innovation.

[tim333]

Yeah, I think it leads to the winner being the company with the best product rather than the company that pulled in the most VC funding.