- The Startup Breakdown
- Posts
- Is Consumer Dead?😵
Is Consumer Dead?😵
My take on the debate over VC interest in consumer startups, and challenging the notion of stagnation in innovation
This is The Startup Breakdown, the newsletter where we learn, laugh, and love startups. By joining this growing community of hundreds of future startup aficionados (think i spelled that right?), you're getting a beachside view of the ocean that is the startup and VC scene. This ain’t your grandpa’s newsletter, so prepare yourself for an inbox full of 4/20 jokes and Succession references.
Love what you're reading? Craving even more startup goodness, in-depth news analysis, and maybe some extra memes? Click below to upgrade to our premium edition and become the startup guru you were born to be.
Happy Thursday, folks.
A couple of new faces getting to read today’s email free of charge after they hit the 5 subscriber mark…
Want that to be you?
You know what to do:
Is consumer dead?
‘Twas the debate of the week in the VC Twitterverse after The Information tweeted a link to an article arguing that VCs are no longer interested in investing in consumer marketplaces, media, and retail.
While most people recognized the post as the engagement-farming tactic that it is, it didn’t stop investors like Paul Graham from weighing in:
@KateClarkTweets Yet again The Information gets it wrong. We haven't seen the last new consumer marketplace or retail brand or media company in history. And if new ones exist, why not fund them?
— Paul Graham (@paulg)
1:53 PM • Jan 26, 2024
So, what do I make of the idea that the incumbents are here to stay in consumer startups?
Want to read the full story? Click below to upgrade to our premium edition and become the startup guru you were born to be.
|
Cheers to another day,
Trey
Reply