Dare ObasanjoDec 29, 2022

The overriding ethos of Silicon Valley for the past decade or so has been to grow fast then exit before people can figure out if it’s a good business or not.

An interesting question is if VCs & founders will pivot to creating businesses or just cut costs and ride it out to the next bull market?

Show threadAlex Russell
@carnage4life the whole thing has been premised on an uninterrupted flow of legacy businesses that you could "just put a chip in" (but mostly, software) to fix...but I strongly suspect that we're towards the end of the easy wins on that front. It's hard to imagine an Uber or WeWork without real returns in sustainable businesses being harder to achieve on the back of improved automation.
Dec 29, 2022 at 10:28pmWeb
Show threadAlex RussellDec 29, 2022

@carnage4life put differently, what if the sectoral disruption S-curve got to the flat bit?

You can see why everyone's hoping ML/AI works out.