It's nice to see the nod to Y-Combinator and the realization that many businesses can be started with much less money today. But there is also another point to realize. Have you noticed how large the barriers to entry are in some industries? Could anyone today really start a bank, an oil company, a car company, etc.?
Some markets (especially in technology) are opening with very low barriers to entry. But some markets are more closed than ever.
Some markets (especially in technology) are opening with very low barriers to entry. But some markets are more closed than ever.