My personal (albeit naive) belief is that the limiting factors on most startups is a good idea. Start-ups only work when they are based on real consumer desires.
"Necessity is the mother of invention" but what is the mother of a start-up....? There are few who understand this realistically.
The talent is there but where is the business plan? It's not very often you hear a start-up idea that rattles you. If I heard one I'd hop on board just for some stake in the company. Also founder/managers are a pain... I imagine it must suck to be the engineer-slave of an ivy leaguer who is going out to another bar for a fund-raising meeting that will affect your future salary working on their hair-brained idea.
"Necessity is the mother of invention" but what is the mother of a start-up....? There are few who understand this realistically.
The talent is there but where is the business plan? It's not very often you hear a start-up idea that rattles you. If I heard one I'd hop on board just for some stake in the company. Also founder/managers are a pain... I imagine it must suck to be the engineer-slave of an ivy leaguer who is going out to another bar for a fund-raising meeting that will affect your future salary working on their hair-brained idea.