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Why to start a startup in a bad economy (2008)

October 2008 The economic situation is apparently so grim that some experts fear we may be in for a stretch as bad as the mid seventies. When Microsoft and Apple were founded. As those examples suggest, a recession may not be such a bad time to start a startup. I'm not claiming it's a particularly good time either…

23486

Cruel optimism and lazy pessimism

Do you remember the avocado toast guy? I read Johann Hari’s Stolen Focus recently (you should read it, it’s great), and I learned that someone1 has come up with a name for this sort of modern reinterpretation of “let them eat cake”: cruel optimism. Cruel optimism, the way Hari interprets it2, boils down to the folly…