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by david927·16y ago·view on hn ↗
21 Trends:

#5 United States

#6 Silicon Valley

#20 Venture funding

all need to move to the "Not Trends".

The US, like a wealthy person whose money ran out but kept spending on credit cards, has just started its "big reckoning" and it will only get worse -- much, much worse.

VC and the Valley are the old model. Technology is moving us away from the large capital requirements that used to be necessary to go from 0 to 60. Prepare for a deluge of Indian, Chinese and European startups because of this.