Ben Lerer: My 2013 Prediction, Entrepreneurship Will Die Out
As the year draws to a close, we ask the Thrillist founder @BenjLerer what he thinks will dominate in 2013.
In 2013, we’ll see increased consolidation as less successful businesses get scooped up or shut their doors. There will be less money for both early and late stage businesses without a somewhat clear road to profitability, and as a result, I suspect there will be a noticeable movement away from entrepreneurship in general. That’s not to say that there won’t be tons of amazing companies getting founded and lots of growth from existing winners, but I just see a market correction happening that will make it harder for companies that aren’t actually businesses to find the capital they’ll need to grow. Also, mobile will continue to take over the universe. Oh, and the Mets will win the World Series.
Read more 2013 Predictions here.