Joe Kraus at Bnoopy has a interesting post on why it is good time to be entrepreneur now days. He came up couple of reasons:
“Excite.com took $3,000,000 to get from idea to launch. JotSpot took $100,000.”
- Hardware is 100X cheaper
- Infrastructure software is free
- Access to Global Labor Markets
- SEM changes everything
First two reasons maybe more related to Information Technology aspect of entrepreneurship, as all new business will heavily require computer hardware and infrastructure software. Nevertheless he has some good thoughts on this topic.
It’s a great time to be an entrepreneur – [Bnoopy]
Read a similar article at Connect Utah magazine. Entrepreneur Paul Allen (not of Microsoft) gives 8 reasons why now is the best time in the world’s history to start a company:
http://www.connect-utah.com/article.asp?r=1050&iid=34&sid=4
A lot has been said about Joe’s post during the past few days. Which made me think — is it also a great time to be an investor?
I think so and provide reasons why in my post, Web 2.0: It’s a great time to be an investor. It would be great to get feedback to see if others feel the same. It’s clear that Web 2.0 is not only changing the rules for entrepreneurship… it is also changing the rules for angel and venture investing.