The VC dream machine pumped out one dumb startup after another. 2023 should put an end to that.

Dec 21 2022 by Business Insider

 
A child throws bits of wood onto a bonfire during the Twelfth of July celebrations held by members of Loyalist Orders in Belfast, Northern Ireland.

Reuters/Clodagh Kilcoyne

2023 should curtail the current flow of bad startup ideas. Easy money and tech solutionism saw investors juicing everything from NFTs to dog-walking startups. The collapse of FTX and other startups, plus higher interest rates, should push them to be more disciplined.

Lately, few ideas have proven to be too dumb for venture...

Continue Reading The VC dream machine pumped out one dumb startup after another. 2023 should put an end to that.