from Hacker News

The servitude bubble

by zecho on 9/3/15, 6:47 PM with 2 comments

  • by haihaibye on 9/4/15, 12:06 AM

  • by PaulHoule on 9/3/15, 8:03 PM

    I think there are two Silicon Valleys.

    The biggest companies like Google, HP, Intel and Apple are able to work on products so complex there is a ten year time horizon, and occasionally we get a company like Tesla, but the overwhelming number of the angel investor startups are about marketing first and technology second, so the "non-technical cofounders" are looking desperately for technical cofounders.

    Amazingly this even describes some of the unicorns. Uber was ahead of the curve by a year or two with a mobile app, but Uber is big because it has money for expansion and the war chest to fight city hall.