It's really hard to see anymore where the real money is made and what is a big facade. As it's really simple now to create a huge facade. Before it needed more work to show something big which was actually small. But now you can generate the show.
And there are actually some which are really big. But there are so many more overflowing the world with non existing businesses that it's hard to decipher what is real and what is not. It also makes learning from the successful ones way harder.
It's really hard to see anymore where the real money is made and what is a big facade. As it's really simple now to create a huge facade. Before it needed more work to show something big which was actually small. But now you can generate the show.
And there are actually some which are really big. But there are so many more overflowing the world with non existing businesses that it's hard to decipher what is real and what is not. It also makes learning from the successful ones way harder.
It's VCs playing musical chairs. Startup A from VC Y signs up for an "enterprise" plan to Startup B, also from VC Y, and vice versa.