I was going to make this a blog post, but to honor the hacker news way I'm posting it here.
I don't believe the micro-business discussion is just about identity. I think the micro-business approach is the future of the start-up world.
Micro business will force the inevitable disintermediation between entrepreneurs, VC's/Incubators, and starting businesses.
My feeling is that 5 years from now micro-business start-ups will be the primary and dominant way that entrepreneurs start business life - without any thought (or requirement) of seed funding or VC's.
VCs/Incubators will have the same relationship to the start-up world - that record labels now have with the music industry.
Sure, they play their part, but the relationship is very different.
Disintermediation is a consistent pattern that the internet brings to us. There are way more entrepreneurs than there are positions at YC or funds available from VC's.
Like water finding cracks to flow through, entrepreneurs will flow around today's centralized funding paradigm and get started on their own. In essence the internet has made it possible to commoditize startups. The peer relationships that YC & the like bring will become less and less important as groups break away and form their own smaller microcosm venture networks.
It's a pattern that's been repeated again and again. Client server moves to peer-peer. It's happened in the music industry. It's happened in the newspaper industry.
I don't believe the micro-business discussion is just about identity. I think the micro-business approach is the future of the start-up world.
Micro business will force the inevitable disintermediation between entrepreneurs, VC's/Incubators, and starting businesses.
My feeling is that 5 years from now micro-business start-ups will be the primary and dominant way that entrepreneurs start business life - without any thought (or requirement) of seed funding or VC's.
VCs/Incubators will have the same relationship to the start-up world - that record labels now have with the music industry.
Sure, they play their part, but the relationship is very different.
Disintermediation is a consistent pattern that the internet brings to us. There are way more entrepreneurs than there are positions at YC or funds available from VC's.
Like water finding cracks to flow through, entrepreneurs will flow around today's centralized funding paradigm and get started on their own. In essence the internet has made it possible to commoditize startups. The peer relationships that YC & the like bring will become less and less important as groups break away and form their own smaller microcosm venture networks.
It's a pattern that's been repeated again and again. Client server moves to peer-peer. It's happened in the music industry. It's happened in the newspaper industry.
Why not the start-up industry?