Looking forward to "YC Makes Yummier Primordial Soup."
The comparison of the 90s to today got me started on a conversation about why the web industry is the one odd-ball tech industry where barriers of entry are abnormally low, cost of tech & services are low etc.
The headings in this article are incredible: "How The Singularity Gave Birth to Black Frankenswan"
I especially like the idea that this new species of entrepreneurs is feeding a new species of investors. I tend to think, though, that institutional investing will still be popular -- especially in later rounds, as the risk profile of investments trends closer to what big investors are used to.
The comparison of the 90s to today got me started on a conversation about why the web industry is the one odd-ball tech industry where barriers of entry are abnormally low, cost of tech & services are low etc.