Web 2.0 Startups Beating The Odds in Down Economy(cio.com)
cio.com
Web 2.0 Startups Beating The Odds in Down Economy
http://www.cio.com/article/460014
Here's nine Web 2.0 companies, some of whom started with Y Combinator funding, who are making their products work in the worst of times.
3 comments
Would be a bit more useful if the article actually said something about what it means by 'beating the odds' or how these companies have done so.
Are they making money? Do they have a super slow burn rate? Are they taking advantage of the economy as it is? Have they found sources of funding that haven't dried up? Have they...
Are they making money? Do they have a super slow burn rate? Are they taking advantage of the economy as it is? Have they found sources of funding that haven't dried up? Have they...
Exactly what I was thinking. I am skeptical that all 9 companies listed are profitable–or are even on track to be. In my book, not being profitable doesn't beat odds in any economy.
7 of the 9 are YC companies - pretty impressive.
Does YC have some particular connection to the Web 2.0 Summit or is this simply a reflection of YC's leadership in the "companies that have developed nifty Web 2.0 sites (with only a little cash up front)"-funding business?
Does YC have some particular connection to the Web 2.0 Summit or is this simply a reflection of YC's leadership in the "companies that have developed nifty Web 2.0 sites (with only a little cash up front)"-funding business?