We may be in for a stretch as bad as the mid seventies -- when Microsoft and Apple were founded.
Microsoft's first product was a Basic interpreter for the Altair. That was exactly what the world needed in 1975, but if Gates and Allen had decided to wait a few years, it would have been too late. If you have a specific idea you want to act on, act now.
That doesn't mean you can ignore the economy. Make things that save money
.
Investors are more of a problem. But that's nothing new: startups always have to adapt to the whims of investors.
Another advantage of bad times is that there's less competition.
clipped from: www.alleyinsider.com