4 ms·
> When Microsoft and Apple were founded. > As those examples suggest, a recession may not be such a bad time to start a startup. I don't see how they suggest
by Nacdor 6y ago
> When Microsoft and Apple were founded.
> As those examples suggest, a recession may not be such a bad time to start a startup.
I don't see how they suggest that at all. The fact that a couple tech unicorns managed to survive during the beginning of a major technology boom says absolutely nothing about the probability of any other startup surviving. That's like me winning the lottery on a Thursday and then saying "Always buy your lottery tickets on Thursdays!"
And didn't Bill Gates come from a very wealthy, very well-connected family that could easily support him for the rest of his life if Microsoft failed? If I remember correctly, his mother was on the board of IBM and got Microsoft its first major contract for DOS.