Well, I think you write the 35 page business plan. Then if you can't impress people with your 35 page document, back to your day job. Getting excited about a

Well, I think you write the 35 page business plan. Then if you can't impress people with your 35 page document, back to your day job. Getting excited about a subpar startup idea seems like the biggest point of failure. > I think you've missed a lot of developments in the last year or so... Trend vs business cycle. The long term trend is the world's accumulating vast stores of capital. And capital has to be deployed. Once the current business cycle is over, the capital saturation will mean Silicon Valley VC idiocy will resume.