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by lvecsey 5818 days ago
Isn't it the case that legal issues are often a bottleneck to getting products to market? The traits listed for "taking the plunge" have been described elsewhere (I think by pg) as the "rat" phenomenon. Basically there are a new breed of super rats which will persist and bootstrap or gain traction, to the detriment of conventional or historic VC interaction.

The advent of online trading (with the floor traders going bye bye) is another peg in the coffin, I think. It very well may be possible to day trade as a primary means, with only a secondary concern of bootstrapping or working on a startup. With priorities like that the startup just becomes a passionate "can it be accomplished?" pursuit, because by comparison the profit incentive just isn't there.