The dipshit business point was made more elegantly before and it's valid. I remember seeing some video of TechCrunch 50, where Kevin Rose sat at a panel with ot

The dipshit business point was made more elegantly before and it's valid. I remember seeing some video of TechCrunch 50, where Kevin Rose sat at a panel with other tech celebrities and criticized all the proposals as small ideas or something along those lines. In the general population there is an expectation that the word "startup" implies you're working on something world changing. While the term "starting a business" implies doing something incrementally better, no huge world change required. I also remember 37Signals railing against impractical world changing ideas and VCs, saying how developers should build quality applications, find a few thousand users and be happy with that. Chances of success are higher, a few million is enough money. That seems to be what a lot of startups are doing and what certain schools of investors are encouraging. Maybe the confusion is over the word "startup" meaning world changing tech being separate from "small business" in the popular imagination and that of VCs. Now of course many who get angel funding go on to VCs if their idea starts growing like crazy and VCs would prefer to invest at the earlier stage for more profits. But how many of the companies in seed camp incubators have no intention of being the next big thing? How many people are discouraged from dreaming up a big idea because of all the talk about 1/20 success rates for those vs 1/4 success rates for small ideas? It does look like a trend against the popular perception of startups.