Paul Graham's future of technology startups
Paul Graham in this article discusses how technology startups were once started and how they will materialize in the not-so-distant future.
Basically, technology startups are getting easier to start.
"Instead of going to venture capitalists with a business plan and trying to convince them to fund it, you can get a product launched on a few tens of thousands of dollars of seed money from us or your uncle, and approach them with a working company instead of a plan for one. Then instead of having to seem smooth and confident, you can just point them to Alexa."
My favorite part of this article uses an important word: fakeness
"This way of convincing investors is better suited to hackers, who often went into technology in part because they felt uncomfortable with the amount of fakeness required in other fields."