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Comment by invertY | Hacker News Reader

You cannot disrupt a market if the market itself ceases to exist. This is basic stuff.

A whole load of VC stuff relies upon the larger market to predate, has stupidly vapid IPO targets (which the actual big boys, Central Banks, are now culling off, since their actual liquidity stuff like Reits etc are crashing) and basically 100% worthless business models.

"Juicer" or whatever it was?

Go look up what Glencore is doing (20% emerging markets just disappeared) and get back to this thread and start figuring out an exit.

No-one in this thread seems to note this: try finding some ex-Soviet citizens who lived through 89-96 and ask them some serious questions.

Seriously: I was told HN was were the semi-smart tech people hung out.

It's like WeWork in here.

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Look: you just got slammed with ~10 mil unemployment in the USA. Call it 10% of workforce. Most developed countries are now running at 15-30% and it's about to get worse.

Entire industries are pretty much relying on bailouts or they fold (leisure, air (non-freight), cruise, hospitality, restaurants) and the people who own the real estate (or lend it out, Reits / Mortgages) are going to get hit by their tenants / clients being unable to pay.

You're not in the "ramp to land" scenario - you're in "this VC is going to look at the contract and claw back the largest % of capital they can, in the next 4 weeks, due to margin calls and other commitments".

Anyhow: no-one will read this, but it's fair warning to you guys. You're about to get frack'd, hard.

Please review the HN guidelines linked at the bottom of the page. I think the combative tone and the mention of downvotes, both of which are against the guidelines and are actively enforced by moderators and readers, is contributing to your karma woes more than the content of what you are saying.

(For whatever little it's worth, I suspect your assessment is correct.)

Your comment is insightful - enough that I shared it with my biz partner but yeah I’d tone it down and keep posting, important to avoid herd opinions.

Agreeed.

> No-one in this thread seems to note this: try finding some ex-Soviet citizens who lived through 89-96 and ask them some serious questions.

If there's one thing the dissolution of the Soviet Union proved, it's that a complete economic and political collapse does not prevent people from disrupting markets. Many Western companies got their first foothold in the region during that time.

CN has already penetrated Western markets.

Do you expect the Martian Axioms to help you?

Sorry, I want to give a response, but I just can't figure out what you're trying to communicate here.

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