This is a few snippets from a great article on Web Startups by Paul Graham.

If you are a start-up or hoping to be, web or not, there is content in this article you need to read.

- When starting a startup was expensive, you had to get the permission of investors to do it. Now the only threshold is courage.

- Starting a startup is hard, but having a 9 to 5 job is hard too, and in some ways a worse kind of hard.

- Knowing that risk is on average proportionate to reward, investors like risky strategies, while founders, who don’t have a big enough sample size to care what’s true on average, tend to be more conservative.

- If startups become a cheap commodity, more people will be able to have them, just as more people could have computers once microprocessors made them cheap.

Read the article The Future of Web Startups

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