When I first read Caterina’s bad time to start a company I knew that I couldn’t have been the only one who disagreed with her. I was going to write a drawn out entry, but it seems the people in the comments have voiced many of my own opinions along with David over at 37signals.
There is never a bad time to start a good company in my opinion, but there is always a bad time to start a bad company.
Thankfully Caterina updated the entry:
I was talking here about consumer-facing Web 2.0 companies based in San Francisco and the Valley, which bears repeating. Given that 9 out of 10 companies fail, I just think the odds are getting worse.