Few days ago New York Times published an interesting article.
The article basically states that investors are becoming more cautious about making investment in tech startups, especially in Silicon Valley area, after seeing troubled IPO of Facebook and questioned profitability of highly anticipated companies like Gilt Group.
I totally agree with David Sacks’s opinion saying there aren’t much opportunities left for startups where they can protect themselves from the onslaught of big players while figuring out what they are on to.
However, it doesn’t mean starting business in tech industry a bad idea yet. There is plenty of unsolved problems in the ares like education, nursing, and medical where software technology alone can be a true innovation.
If you shift your focus a bit on to these areas, you will find your startup can still look attractive to those investors. It’s just a matter of which angle you take.