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>> the latest wave of entrepreneurs who, like the day traders and real estate investors before them, are looking to make a lot of money without much effort. Th
by nreece 18y ago
>> the latest wave of entrepreneurs who, like the day traders and real estate investors before them, are looking to make a lot of money without much effort.
The article pertains to a different breed of online 'entrepreneurs', called salvagers.
In the 'ground-up' startup world, the reality is not the same. It's not as simple as it sounds. Building a startup and running it profitably is equally difficult (and self-satisfactory) as running a brick-and-mortar business.
Btw, here's the original NYT article: http://www.nytimes.com/2008/07/29/technology/29flip.html http://www.nytimes.com/2008/07/29/technology/29flip.html