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jeffrey lee funk
jeffrey lee funk

81 Followers

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May 16, 2022

The “Unproductive Bubble”

Unprofitable startups, small markets for new digital technologies, and little commercialization of new science Stock and housing bubbles have been an inherent part of America’s development for centuries and many have left us with something useful. …

Innovation

12 min read

The “Unproductive Bubble”
The “Unproductive Bubble”
Innovation

12 min read


Mar 11, 2022

Fake it till you make it’ is an old trick Silicon Valley startups use to get money

The great British economist John Maynard Keynes wrote that entrepreneurs are necessarily optimistic, with the fear of failure “put aside as a healthy man puts aside the expectation of death.” There is, however, a big difference between optimism and chicanery. …

Startup

5 min read

Fake it till you make it’ is an old trick Silicon Valley startups use to get money
Fake it till you make it’ is an old trick Silicon Valley startups use to get money
Startup

5 min read


Feb 8, 2022

The Age of Big Promises and Small Results For New Technologies

We live in an era of big promises but results that fall far short of expectations. Take the failed construction startup Katerra. Founded in 2015, the company claimed it would use the approaches of digital and mass production industries, including glued and laminated “mass timber” products and modular design, to…

Startup

7 min read

The Age of Big Promises and Small Results For New Technologies
The Age of Big Promises and Small Results For New Technologies
Startup

7 min read


Feb 5, 2022

Is Rationality Finally Emerging for Unicorn Share Prices? Share Prices are Falling as Losses Continue to Mount

2021 was a great year globally for venture capital and startups. Initial public offerings (IPOs) raised a record $594 billion in 2021 globally while VC funding is on track to hit a record $454 billion invested through the first three quarters of 2021 This is up from $332 billion for…

Startup

5 min read

Is Rationality Finally Emerging for Unicorn Share Prices?
Is Rationality Finally Emerging for Unicorn Share Prices?
Startup

5 min read


Jul 19, 2021

Most Unicorn Startups Will Not Overcome Their Cumulative Losses

Share prices for video service startup Zoom, social media startups Snap and Pinterest, e-commerce startups Etsy, Purple, Wayfair, and Peloton, and many others are up more than three times from pre-pandemic levels. Even Uber and Lyft’s share price are up more than 50% despite the lockdowns reducing demand for their…

Innovation

7 min read

Most Unicorn Startups Will Not Overcome Their Cumulative Losses
Most Unicorn Startups Will Not Overcome Their Cumulative Losses
Innovation

7 min read


Jun 21, 2021

How Fast Is Digital Transformation Proceeding? Slow emergence of new technologies says the pace is slow.

Digital transformation was supposed to give us higher productivity, a better quality of life, and perhaps higher unemployment. Yet, productivity growth in most Western countries was slower in the 2010s than in any previous decade, and unemployment was at record lows before the pandemic. Optimists will of course say differently…

Technology

5 min read

How Fast Is Digital Transformation Proceeding?
How Fast Is Digital Transformation Proceeding?
Technology

5 min read


Dec 22, 2020

Few AI Startups Release Revenue Figures, Much Less Income: Can They Be Profitable?

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 equal to 30% and 40% of revenues respectively in 2019, and 13% and 40% respectively in 2020. Nest’s losses were 85% of revenues in 2017[1] and…

Startup

6 min read

Few AI Startups Release Revenue Numbers, Much Less Income Numbers: Will Any of Them Ever Make a…
Few AI Startups Release Revenue Numbers, Much Less Income Numbers: Will Any of Them Ever Make a…
Startup

6 min read


Dec 15, 2020

Small Impact of Lockdowns on Startup Unicorn Profits: Only 7 of 69 Are Profitable in 2020, Up From 6 in 2019

Small Impact of Lockdowns on Startup Unicorn Profits: Only 7 of 69 Are Profitable in 2020, Up From 6 in 2019 Seven of 70 Unicorn Startups were profitable in the first three quarters of 2020 and only three of them were profitable in 2019 (See figure). Zoom, Etsy, and Green…

Startup

6 min read

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: Only 7 of 69 Are Profitable in 2020, Up From…
Startup

6 min read


Dec 7, 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, rooms, bikes, scooters, and household items such as musical instruments, designer bags and sporting equipment would be shared at a huge level, thus reducing private ownership, and…

Startup

8 min read

Can Ride Sharing Survive Huge Losses and Lockdowns?
Can Ride Sharing Survive Huge Losses and Lockdowns?
Startup

8 min read


Nov 30, 2020

How Can Better Business Models be Created?

By Understanding the Technology Business schools claim that it is not the technology, it is the business model but to understand the two most critical aspects of the business model, the value proposition, and customers, one must understand the technology. What does the technology offer that is better than the…

Startup

8 min read

How Can Better Business Models be Created?
How Can Better Business Models be Created?
Startup

8 min read

jeffrey lee funk

jeffrey lee funk

81 Followers

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