All the startups pushing innovations are going to die now that Trump fucked with the Fed
Are we entering a technological dark ages?
Josiah Richardson
Other urls found in this thread:
vanityfair.com
twitter.com
Parker Price
"""""""""""""""innovations""""""""""""""
Gabriel Hall
Likely, no. It's just a correction to the vastly overvalued tech companies. Trump or no, it was going to happen eventually. Most startups are garbage.
Josiah Reyes
based trump making things more affordable to poor people
Matthew Gray
>Most startups are garbage.
vanityfair.com
>$700 juice squeezer
>raised $120 million from investors
>APRIL 1, 2016
>somehow not an April Fool's joke
Levi Fisher
>shitty startups filled with diversity retards fail
>it's DRUMPF'S fault!
mental illness
Aiden Long
Live by capitalism, Die by capitalism.
Christian Allen
Jeremiah James
The market - and tech companies especially - have a lot further to fall before you could even begin to call them reasonably valued. Call me when the nasdaq is trading at 15 times earnings and paying at least a 3.5% dividend yield.
James Edwards
>All the startups pushing innovations are going to die now
Thank god!
Jackson Morris
Social media, advertising and IoT garbage is not inovation
Robert Cox
>trump murders silicon valley
Jesus christ trump, stop. There's only so much one man can do
Caleb Johnson
i wish him luck
James Miller
A lot of tech is stale, my 2014 iPad air runs just fine and still updates. Lasts around 9hrs max if the wifi is strong and I don't use the loudspeakers on YouTube.
With 200-300usd chinkphones beating top tier shit soon per cpu speed per buck I'd say this is not the way to go anymore it's not 2001 anymore, but to provide content and to sell stuff online.
Per example Spotify is literally Chromium, opensource codecs, Cloudflare, ads combined together. Works even on Linux they even bothered to make a client for Debian based distros just so you buy their premium service which is like dirt cheap now in my area.
Windows gives away their OS almost free just you buy their Office suite and cloud based stuff. They're even ditching their browser for Chromium.
Google is ads, email, collaboration suites. Pay monthly. etc.
Wyatt Gray
there has been very little progress in consumer products humanity does not need bullshit new iphones every year
Jose Howard
>equities are going down because of Trump, not the rate hikes
You need to learn more economics, friend. Prices are going down because the Fed is trying to unwind all their QE shit, which is making companies stop the buybacks that have been inflating their stocks for the last like 5 years. Shit's super overvalued. Otherwise, the economy is fine for now, though if the Fed continues increasing rates it will put too much pressure on banks and cause a recession. Please look forward to that.
Mason Williams
Aren't buybacks a nice buffer in case things go south?
Luis Adams
The days where you can just make a "startup" that basically does nothing, bullshit some fancy language, and pitch an idea to venture capitalists for a boatload of cash are over. The gravy train pulled into the station and it's not making another trip anytime soon. Good riddance.
Kevin Wilson
Гepoям cлaвa
Asher Long
The economic model is pretty retarded. We're reaching saturation points with many products, meaning we can't expect any growth out of them for a long time. Phones, tablets, etc. Those were all new markets. Now everybody has them. The growth is now limited to replacements of older stuff, which is a much more limited market.
We need more focus on social reforms and societal innovations. Future cities, efficient recycling/resource reclamation, clean energy, urban indoor farming, education reforms, cheap municipal broadband, desalination on a grand scale, etc.
Jacob Powell
Will this kill diversity hires?