The folly of live startup trackers

Fred Wilson's recent blog article "Startup Porn" really rings a bell. 

So the tables turn and they turn quickly.

5 months ago we saw the advent of the Unicorn Leaderboard.

Yesterday we welcomed the Downround Tracker.
— Fred Wilson (Union Square Ventures)

I strongly encourage you to read the article if you haven't already. And do subscribe to Fred's blog AVC.com if you're a volume reader.

My point would be: good startups are created in both good times and bad times. If you create a product or service that's truly, fundamentally attractive, you'll be able to manage the cash burns well and survive the bad times and achieve successful exits when the good times come.

The unicorn frenzy in the good times shouldn't systematically change your fortune to success, neither should the down-round folly.

 

 

Why France?

How should hardware startups view China as a potential market?