Startups and Saturation

You'd be hard-pressed to find a bigger startup fan than me. I got into startups at the age of 18 and have been addicted ever since. I live and breathe startup culture, day in and day out. It completely consumes me.

Startups are an amazing thing. They provide a pace of learning that is unmatched anywhere else. They don't discriminate on age, color or creed. They have the potential to change the world, and they do.

But I'm a bit worried.

This isn't about bubbles. It's about a trend and it's side effects. Countless accelerators, free-flowing capital, TV shows, movies -- startups are all the rage. It's like nothing we've ever seen before. The most common perspective is that the more startups there are, the better.

More innovation, more job creation. Everybody wins.

But let's think about it logically. All startups are vying for the same thing. Visibility, traction, and funding. As the number of startups grow, those resources become disproportionally distributed. It'd be great to think that the cream of the crop rises to the top, and all is well. That's just not the way it works.

Thinking back just 5 years ago, startups were a novelty. Now, everyone has a startup. The number of startups are growing, but the number of people solving real problems is shrinking. More people are getting into it for the wrong reasons, rather than a pure love for technology.

What's the true effect of startup saturation? I'm not sure, but I guess we'll find out soon.

Hi, I'm Andrew, an entrepreneur that loves the process of building companies. Currently, I work at betaworks in New York City.

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