We will hit the point, likely soon, when the cost of starting a business is offset by the high cost of getting traction and keeping it. I am most wary of this when investing today.
i said the same thing up at HBS last month. i think we are there now. maybe we’ve been there for several years. but it takes time to wake up and smell the roses.
Is it a Tech Bubble?…NO…Just too many Wantrepreneurs | Howard Lindzon
Joseph’s Blog 