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If you've always been itching to launch a startup but just couldn't come up with a killer idea, well, your ship is about to come in. No, it won't be quite as good as the Internet Bubble years, when any fool could raise a few million (hell, $30 or $40 million) to sell dog food online - no, really - but not bad, either.
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When things are more or less steady state, you have to do something new and original to have a viable business plan in the tech space. But when times and technology really change (one of those paradigm shifty things), then you don't actually have to come up with something new to do at all - you just have to be the first to do something old in a new way. If you look back, that's what 95% of the Bubble companies tried.
True, 95% of those companies also failed. But that's not likely to happen this time around. This time, things will be a lot different, because while the platform will be new, almost all of the trial and error has already occurred, the users are already trained to eat the dog food (as it were), the money is primed to flow, the standards are in place - and open source software has made the scene. Full Story |
