TLDR software startups don’t need as much capital in AI era so bootstrapping is more feasible. VC still needed for hard tech.
In general I don’t agree. I think the author is severely discounting the impact of VC. But I do agree it’s probably never been easier to run a legitimate business with 1-a few people.
Feels like a naive view of capital. If your direct competitor has $10M they are most likely going to beat you because more resources are generally better than less. If I can out market you it often doesn’t matter that your product is superior.
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[ 2.8 ms ] story [ 15.0 ms ] threadIn general I don’t agree. I think the author is severely discounting the impact of VC. But I do agree it’s probably never been easier to run a legitimate business with 1-a few people.
Feels like a naive view of capital. If your direct competitor has $10M they are most likely going to beat you because more resources are generally better than less. If I can out market you it often doesn’t matter that your product is superior.