[kingkongrevenge]

The whole argument is predicated on the assumption that capital will continue to flow to "start-ups." This is a questionable assumption. The stream of financing for start-ups will probably be shrinking.

The opportunity lies in having a lot of savings or having special access to capital through relatives to finance yourself. The shortage of capital and credit means a much less competitive landscape. The financing hurdle will knock many of your competitors out of the field. You'll be up shit creek if you're broke, though.