Originally Posted by Blackhood
Startups have always failed in massive numbers, but now in the Internet age you have the same amount of ineptitude with the fewest barriers to entry. Every highschooler with a half formed plan to buy a Lamborghini jumps on the Internet for funding.
Kickstarter is like watching "an idiots guide to build an empire", so many terrible and half-baked ideas on there, it's not even funny.
Originally Posted by patrickBOOTH
Also, there is no passion anymore. Everybody wants to start something up and sell it and retire. This is also why many of them fail because there is no vision, or mission. It is the latest get rich quick scheme. Especially in the tech world.
The media has some blame in this, telling people anyone can get rich blah... blah...blah...., they just fail to mention the work involved and how long it takes for it to make a profit, it's not like it happens overnight.