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Jim Breyer, interviewed by Erick Schonfeld of TechCrunch, is quoted as saying,
“It is the best time over the last decade that I can think of to be an entrepreneur. The collision of mobile and social platforms and the need to build these companies from the ground up—whether it’s a game, a healthcare application, an education application—building these from the ground up is what allows entrepreneurial activity to be unleashed. And it’s as good an opportunity from a time standpoint as I’ve ever seen.
The entrepreneurship he’s referring to, of course, has to do with the tech industry – apps, sites, services, and so on.
However, not all entrepreneurs work in the tech industry, nor do they want to. Thus, he is neglecting a large part of the demographic of “entrepreneurs,” meaning his statements aren’t entirely valid. Based on my experiences of small business work and looking into news on venture capital (even within the tech industry), I also beg to differ that this is a Golden Age of launching. Rather, I think the successes of businesses and larger companies is based on the mother of invention: necessity.
I think most companies are not thriving because they’re brilliant or advantaged – I think they just have to, or they’ll die just like the rest.
I’d like to hear your opinions on what he’s said – regardless of where and in what industry you work. Do you think this is a good time for start-ups? A bad time? Why?
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