core

We are in funding winter.
Companies are firing left and right.
Every founder is trying to survive somehow.
The treadmill of growth is at a standstill.

EdTech or HealthTech are suffering because they expanded, built solutions, or burnt millions giving freebies. They went ahead to increase the market size for valuation.

Only when the tide goes out do you discover who’s been swimming naked.

— Warren Buffet.

We are in the phase now where most companies who forgot their core are suffering. An EdTech firm should impart quality education, not tablets. A D2C skin care brand should focus on innovation in product quality not discounts.

I found these tweets very relevant in current time.