There is a natural lifecycle to the construction of successful startups. A bold new idea is incorporated into a company. Its rogue team of innovators bring the technology to market. They grow rapidly from favorable winds of shifting consumer behavior and market adoption. These tailwinds send them skyward before.. their rapid growth flattens into a more mature phase of consistent adoption.
Warren Buffet, in the most perilous of economic times, used to say “only when the tide goes out do you discover who’s been swimming naked.” Terrifying stuff, the thought of seeing Warren Buffett naked. But I think he meant to infer he was clothed. And that people didn’t really prepare for the down times. Anyway. Underneath the maelstrom and devastation of the national, international and political news cycle three stories this week from the world of tech jumped out: