Interesting thought from @tylertringas , whose EarnestCapital launched today. https://earnestcapital.com/ pic.twitter.com/hBStDpqDNJ
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The US does not have thriving ecosystems devoted to producing small software businesses, which can *very plausibly* create at least as much value in the world as an individual McDonalds location.
I'm glad that there are several teams working on solutions for this, and eagerly looking forward to reading about which experiments work.
One of the conversations I have a lot in Silicon Valley is "Could $10k do anything at the margin? Pfft, if you've been working at AppAmaGooBookSoft, that's tiddliwinks." And I remember my budget for my first business was $60, and I had ~$2k in checking on day I went full-time.
It feels to me like there are probably opportunities here, of the general shape "Wow it's freaking amazing that somebody went so far for so little at the margin; how did nobody see that before?"
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