isn't it really that web startups are "easy" and hard-tech startups (hardware, biotech, alt.en, pharma etc.) are...well, hard? (I mean this relatively speaking,

isn't it really that web startups are "easy" and hard-tech startups (hardware, biotech, alt.en, pharma etc.) are...well, hard? (I mean this relatively speaking, of course) -- It takes close to zero education to sit down and create a product on the web (how many of us were building websites when we were 12? yup.) - hell, we're even now questioning the value of a college degree... To create Halcyon Molecular, on the other hand, you need world-class scientists culled from top universities with years or even decades of experience (never mind all the liquid capital you need). It's simply a different ballgame entirely. With this marked difference in entry requirements, of course the web-app startups outnumber the Halcyon's 1000 to 1. Is that a problem? Well, maybe. But is it a surprise? Absolutely not.