Michael Fitzgerald accentuates the positive:
In response to my post Bad Times Are Good Times for Entrepreneurs, James Kwak has posted Crisis and Entrepreneurship, a comment on why he co-founded Guidewire Software right after the 9/11 attacks.
He gave five excellent reasons:
- Talented people were available;
- Rent, etc. was cheap;
- Private companies don’t suffer quarterly scrutiny;
- Dislocation in the economy creates opportunity;
- New companies aren’t expected to sell anything.
See the full post for more
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