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Re:Why to Start a Startup in a Bad Economy by zhyder on Thursday October 16, 2008 @11:29AM (#334530)
Technology doesn't evolve independently of a market for it. While "make something people want" is true in any economy, the problem is that what people want changes with the state of the economy. So startup founders need to reassess the market for their products (building iPods or building pacemakers?), and I'd guess many will decide this is not the right economy for their startups, and some will now discover new opportunities.

You do touch upon this a little bit in your article, where you mention startups that save customers money will succeed more in a bad economy. But I thought the more general assertion wasn't made.

Re:Why to Start a Startup in a Bad Economy by sutro on Thursday October 16, 2008 @10:06PM (#335207)
I've often thought that the mantra make something people want should be amended to make something people want to pay for. It's an important distinction. It's the difference between Richard Stallman and Steve Jobs, between Linus Torvalds and Bill Gates. I have great respect for all of those individuals, but I don't look to Stallman or Torvalds for business inspiration. I don't doubt that all YC companies have made something people want, but I wonder whether all have made something people want to pay for.
Re:Why to Start a Startup in a Bad Economy by Ezra on Friday October 17, 2008 @12:14AM (#335289)
Neither Stallman nor Torvalds are scrambling to pay rent.

So it depends if you want to be "well off" (Stallman), "obscenely rich" (Torvalds), "shockingly rich" (Jobs), or "embarassingly rich" (Gates).

And I think that most would, given the choice, rather be the BDFL of a project they obviously enjoy (Torvalds), than spend all day in meetings, or managing management, or whatever Gates has done for the last decade. Unless you're a masochist, or a megalomaniac.

And besides that, lightning has to strike the same place 200 times before you make it to the 99.9th percentile.

"I'm trying to make a living; if you're trying to make a killing then you're stuck in the system."

Re:Why to Start a Startup in a Bad Economy by helveticaman on Tuesday October 21, 2008 @10:29AM (#338931)
>Neither Stallman nor Torvalds are scrambling to pay rent.

I've heard rumors that Torvalds wishes he had the money Jobs and Gates have. So, yeah, a little unhappy.

>And besides that, lightning has to strike the same place 200 times before you make it to the 99.9th percentile.

That's if you're in a bell-curve. If you're in a zipf-distribution, lightning only has to strike once.

Re:Why to Start a Startup in a Bad Economy by parenthesis on Friday October 17, 2008 @06:09PM (#336060)
If you can make something that people want, but don't want to pay for, then you can probably make money indirectly from it: by selling t-shirts, giving after-dinner speeches, or whatever.