Part of the deal is, you don't need very many people to do cool stuff anymore. Instagram is serving probably around 20 million users right now with 7 employes.

Part of the deal is, you don't need very many people to do cool stuff anymore. Instagram is serving probably around 20 million users right now with 7 employes. Facebook is serving 800 million users with 2000 employees. Even if there are 1000 awesome startups, each one of them may only ever need 20 employees.