On hindsight, 2020 could be remembered as the year when the startup gold rush 🥇 ends.

2000 – 2010 (social media gold rush ended, consolidated to Facebook as undisputed leader, which also owns Instagram and WhatsApp).

2010 – 2020 (startup gold rush). Which company is going to emerge as undisputed leader (excluding “old” MNCs)? Netflix, Tesla? Uber, WeWork, Airbnb, Palantir? – No idea.

Update: Chanced upon the below article. Puts into perspective the meaning of “startup bubble”. Indeed many ponzi actors were disguised as entrepreneurs /businesses.

It’s Time to Reclaim the Meaning of the Word ‘Entrepreneur’