[mgamache]

Sure executing some ideas are cheaper and infrastructure can be purchased cheaply. But this covers a subset of all startups. For example: Let's say you wanted to do a med-tech startup. You'll have to work for at least two years without pay to get a non-medical device product launched.

[wpietri]

Undoubtedly. And I'd bet that in those areas you can still find seed money before you get customers. My point wasn't, "All startups are easy now!"

It was that investors aren't going to pay for anything they don't have to. If there's a sufficient stream of web/mobile based startups coming to them who already have some proof, they're going to be much less likely to fund people who don't have that proof yet.