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>So if talent is cheap and we have many smart people unemployed why don’t we get organized and experiment on startup ideas we always wanted to build? Because c
by ramesh31 3y ago
>So if talent is cheap and we have many smart people unemployed why don’t we get organized and experiment on startup ideas we always wanted to build?
Because capital.
Software, as a whole, is the most capital intensive industry in the world after energy/transportation: https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/capex.html https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile...