Oct 28
Disclaimer: Do not listen to any of my advice. I am not an expert.
Now is a great time to leave your current job and get into tech. If you’ve been thinking about it, If you’ve been wondering “when should I start my business”, or “when should I apply for jobs at a startup?”. The answer is now
Here’s a laundry list of why:
- A friend of mine at a Venture Capital firm told me that in the first half of 2007, Boston based web startups had more investment than San Francisco based startups. I think the balance may have changed with the facebook $740 million
- I spoke with a recruiter recently who told me companies are doing significant hiring at the moment
- Companies are getting investment based on ideas without a product yet
- Investors are giving companies crazy valuations again (Facebook $15 billion valuation)
- The cost to start a web company compared to 7 years ago is relatively small (ruby on rails, amazon ec2 & s3, slicehost)
- People are attending local entrepreneurship and technology events like never before - if you’re in boston, check out Marks Guide for upcoming events
All of these combined make the time ripe for starting a company or getting into a Web 2.0 startup. When are you starting your business?
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