Hot in Enterprise IT/VC - What's 🔥 in Enterprise IT/VC #288
What's 🔥 in Enterprise IT/VC #288Stay calm and carry on, growth at all costs is over, the prudent ones can keep building 🏗️
VC tweet after tweet this week is about the world ending now. My only advice is to stay calm. Focus on what you can control and not on what you can’t. I’ve lived through some 🎥 like this before, and trust me, every movie is different. Too many VCs tweeting about the world falling apart and going into panic mode...
Not enough rolling up sleeves and helping founders plan appropriately
🔑 is to make sure highs are never too high and lows never too low
Stay calm, better decisions will be made While this correction sucks and is painful, I also do hope some of the insanity out there will end - specifically the idea that growth at all costs is the only thing that matters. Call me old fashioned, but I’ve always tried to preach fundamentals, balanced growth, and here are a couple practical ways to think about it.
If you have been thinking like this all along, particularly for companies in buckets 1 and 2, you should be quite calm and ready to keep hiring talent as the companies who didn’t build prudently are going to feel some major pain. Remember, the highs should never be too high as you should be thinking on how things can turn badly in an instant. The lows should never be too low because frankly startups are F$%!ING HARD, especially for new categories so folks need to keep the faith. Your investors should also know when to cheer (when things are shitty), to challenge (when things are going 🚀), and to chill (sometimes founders need to figure things out on their own). Once you get through this, remember to keep a balance approach at all times and you’ll be ready for what’s next. IMO, this too shall pass but may take a few quarters. Stock declines from the peak of the dot com bubble to the bottom:
Adobe: -56%
Microsoft: -56%
Amazon: -75%
Nvidia: -75%
Apple: -78%
Stock gains over the next 19 years:
Apple: +58,746%
Nvidia: +33,818%
Amazon: +19,405%
Adobe: +6,250%
Microsoft: +1,240% IT Spending continues to 📈, move to ☁️ has more room to grow, and we are so early in crypto with 🌊 of 💰 waiting to pour in and burning needs for better security, infrastructure, and tooling to support. Founders keep building 🏗️ but prudently. As always, 🙏🏼 for reading and please share with your friends and colleagues. Also, Happy Mother’s Day to all the wonderful mothers in our lives! Scaling Startups
Enterprise Tech
Markets
If you liked this post from What's Hot in Enterprise IT/VC, why not share it? |
Older messages
What's 🔥 in Enterprise IT/VC #287
Saturday, April 30, 2022
Building in a 🐻 market and getting ahead while you have the 💰
What's 🔥 in Enterprise IT/VC #286
Saturday, April 23, 2022
Miami 🌴 Tech Week 🔥 - some observations - need more founders!
What's 🔥 in Enterprise IT/VC #285
Saturday, April 16, 2022
Developer first & PLG founders - quality before quantity, no 🪄number to get to Series A
What's 🔥 in Enterprise IT/VC #284
Saturday, April 9, 2022
Bitcoin ⚡️ Miami - traditional finance everywhere...and IT Spend 📈
What's 🔥 in Enterprise IT/VC #283
Saturday, April 2, 2022
🐳 Docker's comeback story, 10M devs + growing
You Might Also Like
🚀 Virgin To Face Delisting
Friday, April 19, 2024
Plus Q1 earnings kick off, SpaceX exec launches a new VC firm, Tether invests $30M in $SATL and more! The latest space investing news and updates. View this email in your browser The Space Scoop Week
10words: Top picks from this week
Friday, April 19, 2024
Today's projects: Spheria • Narration Box • OnTheFly • AnyCheese • Dumbbe • HASTY • lockrScan • IdeaAize • Mailmo • ProSolvio • GigHunterBot • WeekToDo 10words Discover new apps and startups in 10
[Replay] Building a million dollar beauty brand
Friday, April 19, 2024
Free summit replay extended Hey - great news! We've extended the summit replay for 24 more hours. Watch it here free >> And, I want to highlight one of the inspiring founders, Alicia Scott.
Put it on paper
Friday, April 19, 2024
In case you missed it, here is the full recording of the 668 person workshop I co-hosted yesterday "how to build products of the future". It's completely free to watch here. Put it on
7 prompts for your B2B company’s next LinkedIn post
Friday, April 19, 2024
Plus, tips, news & Buffer updates for your social media journey Image Hey folks 👋🏾 It's been an interesting week in social, with the launch of TikTok Notes (their take on a photo + text
Challenges of Offering an API — The Bootstrapped Founder 313
Friday, April 19, 2024
When you sell access to an API, what should you keep in mind? How would you protect your data but still make it easy to use?
12 hours to go! 🐣
Friday, April 19, 2024
Catch the super early bird rates before they expire! View this email in your browser. 1200 x 380 (Desktop & Tablet) (8) Hey there, There are just 12 hours to go before Summit Summit ticket prices
Why I Switched My Blog to Ghost (and Why You Might Love It Too)
Friday, April 19, 2024
Tired of slow, clunky blogging platforms? I was too! Find out how Ghost changed my blogging life (and my company!), and why it might be the upgrade you need. Salehin Khan Salehin Khan Why I Switched My
Latvia's startup financing gets creative
Friday, April 19, 2024
We visit Riga to explore Latvia's tech scene, layoffs at Stability AI and why climate tech's latest phase will be built on debt. View in browser Notion flagship logo final Good morning there,
How Meta is paving the way for synthetic social networks
Friday, April 19, 2024
Five ways of thinking about Llama 3, its latest large language model Platformer Platformer How Meta is paving the way for synthetic social networks By Casey Newton • 18 Apr 2024 View in browser View in