Comments on: 7 Reasons why it’s a great time to be a Tech Entrepreneur!

By: Web 2.0 is dead « Content Negotiable

Web 2.0 is dead « Content Negotiable — Fri, 07 Nov 2008 17:36:41 +0000

[...] business is around the idea of exchanging money or goods for services, and no amount of buzzwords will save you if no-one wants to buy your services. There is NO such [...]

By: Rob Monster

Rob Monster — Sun, 05 Oct 2008 19:54:47 +0000

Brilliant post. GMI, my previous startup, was born in 1999. We survived the 2001 nuclear winter and emerged (highly) profitable on the back end of a very tough 2001 and early 2002. As you rightly point out, the companies that survived, emerged stronger than ever. So, here we go again. Only this time, the internet is a lot more mature and more global. As I see it, Seattle is well-positioned on several levels. For one thing, the global locus of economic activity is about to lurch decidedly towards East Asia, and away from NYC — for more proof just look at Hank Paulson’s travel to China over the past year. However, for Seattle to emerge from this downturn as a far more significant startup hotbed, we will need a lot more angel investors to step up with targeted investment in high potential startups. The talent pool in Seattle is enormous so we absolutely have the raw material. Besides, it is a lot more fun to back or coach a high-potential global startup versus the exercise of near-futility called “wealth preservation” — a.k.a. keeping track of dozens of bank accounts for no other reason than to max out FDIC coverage!

By: Tony Wright

Tony Wright — Sun, 05 Oct 2008 19:07:47 +0000

Great post!

Lots of the great companies you’ve seen making big exits in the last year or two were born out of the previous “nuclear winter” (~99-01), where the same (oddly) favorable conditions existed. Less noise, less competition for great talent, and more focus on what business is really about (revenue and profit).

By: Uncle B

Uncle B — Sun, 05 Oct 2008 14:38:03 +0000

A low dollar is good for trade “IF” : if you have something you can acquire at a below market price and sell for a profit – you are forgetting that everything anybody wants is now made in China! Americans have no Products! They have been moved out of the marketplace by extremely frugal and industrious Asians and have priced themselves, by their extravagant and lazy lifestyles, out of the marketplace!
As for intellectual property, the Asians have the Americans on the run, if not beat. Only last week, an American child went to CHINA!! to get stem cell therapy and had her sight restored! a feat American doctors cannot perform, they are now privative and far behind the times! Wake Up America, Last Call!