DHH: It’s a Great Time to Start a Business

Flickr co-creator Caterina Fake garnered a lot of attention last week for writing that now is a bad time to start a new company, because (a) there’s a lot of VC competition out there, and (b) it’s hard to hire good people in the Bay Area and Silicon Valley.

David Heinemeier Hansson responds that not only is not a bad time to start a company, it’s a great time to start a company, because you don’t need any VC money at all, and if you and your co-founders are smart and talented, you don’t need to hire anyone either.

★ Sunday, 26 March 2006