Our reigning web entrepreneur guru, Paul Graham, is questioning how this recession will affect start-up markets. We’ve seen a ton of hand-wringing going on over the state of the world market lately.
Here’s the thing that I’ll say which is different from what everybody else says: We’re going to survive.
Yes, believe it or not, we’ll make it! We’ve seen this before during the Web Bubble. Lots of web companies died off in a hurry, but did you ever notice that these were companies which weren’t based on a very good idea to begin with? The hardy companies that knew how to really make money kept going; they even got richer during the worst of the Web Bubble!