
#68 Nick Bell: There's A Wrecking Ball Coming For Startups
Startup Diaries
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The Power of Strategy in a Downturn
This is like the first downturn that I've experienced as an adult who understands going on. Once I started to feel it happening, I kind of, you flick that switch as well and you go, okay, there's an opportunity here. Because this is, if you look at like Google, Facebook, all of the unicorns, they were all built in tough times. And so those, you know, and it's funny, you look at companies that were built outside of that and they, the success rate, or even the, the level that they get to is, is much less than say some of those companies built in that downturn.
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