Hacker News Reader

Comment by muchtest | Hacker News Reader

Yet

There were many car companies in the early 20th century. Most didn’t make it. Yet cars are an integral piece of our lives globally, so the market size only grew larger. Software is no different, except it’s infinitely flexible.

There are some big differences between software and car companies though. Car companies required gigantic, continuing capital to manufacture their cars. Software has zero marginal cost. It seems that the difference in capital requirements once a company is up and running would allow the software industry to have more competitors.

You’re assuming switching costs are the same, available labor is universal and endless, business dealings are the same, etc. It seems the most successful “competitors” are never head on for anyone entrenched, but rather come at similar problems from a different angel.

Even companies who are up and running often want capital to take things to the next stage. None of that means burst of a bubble.

Exactly. The FED is just adding more gum the the gnawing mouth of capitalism so that these VC's can help blow a bigger bubble.

The Fed is clamping down to control inflation so you will see what happens when the recession starts this summer. Do you all really think Biden, during a mid term election, will be able to throw money at these companies while people struggle? Do you think when the housing market, which is already showing signs of trouble with just some tightening and a .25 point rise in interest rates, will get better when the raise rates a full point?

But I am sure you will all be ok, you just have to not spend mone on these five simple things!

https://www.cnbc.com/2022/04/19/29-year-old-who-makes-400000...

We're about 14 years into a historically-8-year market cycle without a recession. I'm very concerned about how hot the fire is going to burn the next time the forest ignites.

Everything eventually dies.

The problem is you might die first.

I like "The market can stay irrational longer than you can stay solvent." -Keynes

Reply on news.ycombinator.com