3 hours ago
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while i don't profess to understand credit or capital markets, i do know that internet startups cost less money than ever to get started. and unless i missed something, there are more people online now than ever, spending more money online than ever. and i doubt any of these trends will likely reverse in the long-term -- lower costs, more people online, more e-commerce. doesn't that seem like a pretty good environment for building new online businesses? if not, then what the fuck are you doing here? go back home & get a safe job in insurance or mortgage appraisals (oh, wait a sec...) the long-term macro trend of growing global internet e-commerce has been the foundation of my own personal startup bets, and why i plan to continue to invest going forward. the companies and people i bet on HAVE to be both optimistic & opportunistic, if only because THE ODDS AGAINST STARTUPS SUCK ***ALL*** THE TIME.... - Laura Scott












