The “Unproductive Bubble”Unprofitable startups, small markets for new digital technologies, and little commercialization of new scienceMay 16, 20221May 16, 20221
Fake it till you make it’ is an old trick Silicon Valley startups use to get moneyThe great British economist John Maynard Keynes wrote that entrepreneurs are necessarily optimistic, with the fear of failure “put aside as…Mar 11, 2022Mar 11, 2022
The Age of Big Promises and Small Results For New TechnologiesWe live in an era of big promises but results that fall far short of expectations. Take the failed construction startup Katerra. Founded in…Feb 8, 2022Feb 8, 2022
Is Rationality Finally Emerging for Unicorn Share Prices?2021 was a great year globally for venture capital and startups. Initial public offerings (IPOs) raised a record $594 billion in 2021…Feb 5, 2022Feb 5, 2022
Most Unicorn Startups Will Not Overcome Their Cumulative LossesShare prices for video service startup Zoom, social media startups Snap and Pinterest, e-commerce startups Etsy, Purple, Wayfair, and…Jul 19, 20211Jul 19, 20211
How Fast Is Digital Transformation Proceeding?Digital transformation was supposed to give us higher productivity, a better quality of life, and perhaps higher unemployment. Yet…Jun 21, 2021Jun 21, 2021
Few AI Startups Release Revenue Numbers, Much Less Income Numbers: Will Any of Them Ever Make a…Only four Western and two Chinese AI companies report income, and all have big losses. CrowdStrike and c3.ai both did IPOs and had losses…Dec 22, 2020Dec 22, 2020
Small Impact of Lockdowns on Startup Unicorn Profits: Only 7 of 69 Are Profitable in 2020, Up From…Small Impact of Lockdowns on Startup Unicorn Profits:Dec 15, 2020Dec 15, 2020
Can Ride Sharing Survive Huge Losses and Lockdowns?The sharing economy was supposed to change the world. Driven by the diffusion of smart phones and new services, many expected that cars…Dec 7, 2020Dec 7, 2020
