Topic: Tech Startups that are overvalued and over hyped

[testing101]

There's so many tech startups that lack an actual product and business model. Even more lack in true innovation. Ask most Mini VC's and Angel Investors and they say they're looking for disruptive technology... yet look at their portfolio companies and you'll fined the only thing innovative is the bullshit... and the only thing disruptive is the smoke and mirrors. I need to get back to studying but I'll post a list of some Tech Startups I think are innovative and those that aren't. In the meantime... what tech startups do you feel are full of bull and which ones do you think have real value?

[DigitalPigSnuggler]

Fitbit is the Pet Rock of 2015. 

[Wintermute]

Any start-up that is:
1. >24mo old
2. Hasn't turned a profit
3. Still going after funding rounds
4. Has a valuation in the millions of $$$


...those are the inflated .com bubble of today. Those companies that say "fail fast" and "pivot" to a new "paradigm"... those companies that do not grind out a profitable idea and burn through stacks of cash only to fold up and leave VC firms and angel investors high and dry. Those are today's monetary drag...


You want to know the biggest? Youtube. Never had a profitable quarter in the history of the company, even after Google bought them. A gigantic money-suck.




Fitbit / companies that make activity trackers are at least producing a product and are financially stable enough for the FTC to allow an IPO. Those aren't the bad companies regardless of what you think of their product. I think C.Crane is slinging more snake-oil online than any of the activity tracker companies.