Is there a bubble? (Ans: It’s doesn’t matter)

This is becoming a very common question in recent time:

Is there a bubble in the tech and startup industry?

Don’t worry about it because it doesn’t really matter.

Whether there’s a bubble or not, there’s nothing you can do to change that. The only thing founders can do (and have total control over it) is to build a great product that the market needs and is willing to pay.

This quote from Tomaz Tunguz of Redpoint really hit the nail on its head:

No one knows if there’s a bubble or if/when our presumed bubble will pop. The best we can do is build startups using sound principles and disciplined decision-making, with the aim of building sustainable, defensible businesses. Whether or not we’re in a bubble shouldn’t change those core tenets. So if we’re abiding by those principles, the question of are we in a bubble doesn’t really matter.

So stop worrying, keep building. 🙂