Discord - publicly launched 2015
Robinhood - publicly launched 2014
Airtable - publicly launched 2015
Plaid - founded May 2013
Nextdoor - publicly launched 2012
Opendoor - founded 2013
Keeptruckin - founded 2013
Samsara - founded 2015
Calm - founded 2012
Niantic - founded 2010, first launch in 2012 (Ingress) then Pokemon Go in 2016.
Quip - founded 2015, acquired by Salesforce for ~800mm.
All examples of ~multi-billion dollar companies founded in Silicon Valley in the past few years solving real problems and scaling fast.
I can keep listing more but I think my point has been made.
Sure the market is more mature, but there's still tremendous potential out there and there always will be. It's too convenient to think all the easy problems have been solved (but yes, many have) and that the big guys will crush you (but when is that not a possibility?).
I think this article is just pessimistic with no substance. It's quite fashionable to be pessimistic about Silicon Valley.
Robinhood - publicly launched 2014
Airtable - publicly launched 2015
Plaid - founded May 2013
Nextdoor - publicly launched 2012
Opendoor - founded 2013
Keeptruckin - founded 2013
Samsara - founded 2015
Calm - founded 2012
Niantic - founded 2010, first launch in 2012 (Ingress) then Pokemon Go in 2016.
Quip - founded 2015, acquired by Salesforce for ~800mm.
All examples of ~multi-billion dollar companies founded in Silicon Valley in the past few years solving real problems and scaling fast.
I can keep listing more but I think my point has been made.
Sure the market is more mature, but there's still tremendous potential out there and there always will be. It's too convenient to think all the easy problems have been solved (but yes, many have) and that the big guys will crush you (but when is that not a possibility?).
I think this article is just pessimistic with no substance. It's quite fashionable to be pessimistic about Silicon Valley.