Why to Start a Startup in a Bad Economy
So maybe a recession is a good time to start a startup. It’s hard to say whether advantages like lack of competition outweigh disadvantages like reluctant investors. But it doesn’t matter much either way. It’s the people that matter. And for a given set of people working on a given technology, the time to act is always now.
—Paul Graham on Why to Start a Startup in a Bad Economy
(via SvN)
