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I recently asked a smart young CEO with an excellent startup about his operation plan for if and when the bubble bursts. I expected him to give me an equally smart strategy, but he just sat there in shocked silence.
But I can’t quite criticize him: After years of coddling from a vast support network devoted to fostering, promoting and even glamorizing startups, it must seem strange to even momentarily consider the end of the current boom time. However, as evidence mounts of an imminent correction or outright collapse, we are all past due for some soul-searching about our startup culture, most of the entrepreneurs it has produced, and what we’ve missed by investing so much of our attention on them.
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