> IMO this is a phenomenon exacerbated by venture capital.
Not just VCs. It's a whole mafia gang consisting of tech reporters and founders also. They all have their vested interests - reporters want new stories and founders want funding and growth.
Slack, VR, AR - they all went through this cycle. Sometimes, it's a bit annoying.
Right, I don't mean the VCs themselves or any particular parties - rather more the expanded role of venture capital in tech startups (esp. looking for unicorns) allowing companies to ride out net losses for long periods of time, distorts our perception of technology and business in a variety of ways, including this hype problem.
Not just VCs. It's a whole mafia gang consisting of tech reporters and founders also. They all have their vested interests - reporters want new stories and founders want funding and growth.
Slack, VR, AR - they all went through this cycle. Sometimes, it's a bit annoying.