Comments for StartupSoftwareConsulting Blog http://startupsoftwareconsulting.com/blog Turning ideas into beautiful software Tue, 07 Sep 2010 22:04:42 +0000 http://wordpress.org/?v=2.7 hourly 1 Comment on Startups in a bad economy by Gregory Y http://startupsoftwareconsulting.com/blog/?p=3&cpage=1#comment-2 Gregory Y Tue, 30 Dec 2008 23:39:46 +0000 http://startupsoftwareconsulting.com/blog/?p=3#comment-2 While this is a very popular idea, severe shortage of initial funding, cripples an ability of new start ups to develop new products. The development is still going on, but the speed of it slowed to a crawl because the founders can only afford to do it part-time, while holding on to their jobs. Personally, I think flood of VC funding, as we have experienced before the Tech Wreck, is quite destructive to innovation with all sorts of well funded me-too projects sucking talent out of reach off truly different projects. So it would be nice to have a little more equilibrium in ebbs and floods of seed capital availability. While this is a very popular idea, severe shortage of initial funding, cripples an ability of new start ups to develop new products. The development is still going on, but the speed of it slowed to a crawl because the founders can only afford to do it part-time, while holding on to their jobs.

Personally, I think flood of VC funding, as we have experienced before the Tech Wreck, is quite destructive to innovation with all sorts of well funded me-too projects sucking talent out of reach off truly different projects. So it would be nice to have a little more equilibrium in ebbs and floods of seed capital availability.

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