Two of the more common questions I hear include “Are we in a tech bubble?” and “Why are there more startups now?” Yesterday, @semil tweeted a great response to the second question:
Let’s look at each of these ideas:
- Generational attitudes – Millennials don’t ever entertain the idea of lifetime employment and want to get to the top as soon as possible.
- Cheap to build – Open source software plus cloud computing and a lower learning curve to use the modern tools make it dramatically cheaper to build a product compared with 10 or 15 years ago
- Weak job market – Outside of sales and software engineering, it’s still a tough job market, especially for recent college grads with little to no experience
- Romanticized in pop culture – Every time Mark Zuckerberg is referenced on the news or in a movie like The Social Network, more people are inspired to start their own company
- $ flying around – Money is still hard to come by outside Silicon Valley, but angel investors are more active everywhere due to the inflated stock market and recent tech success stories
Much like it used to be cool to be in a band, it’s now cool to be in a startup. And, on the whole, that’s a good thing.
What else? What are some other reasons there are more startups now?
David Cummings on Startups 
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