erin griffith Profile picture
New York Times writer covering start-ups and venture capital. 🦄 FOLLOW ME on threads (@ griffitherin), bluesky (@ ering), substack (@ erin), or linkedin!!!

Jul 28, 2021, 9 tweets

the tech buzzword hype cycle plays out the same way every time.

FIRST, a startup breaks out and VCs rush to fund it.

then a bunch more startups spring up

now the big tech companies need a strategy. maybe they make a big splashy hire or launch a new division

Investors are suddenly experts on the topic

Someone launches a dedicated fund

the mainstream media catches on nytimes.com/2021/07/10/sty…

Bring on the conferences, service providers, consultants... the works

Lastly, the brands arrive, ruining everything

All the initial excitement and momentum quickly fades. A new buzzword emerges. Everyone moves on.

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