Back to the Garage
Wired magazine recently included an essay suggesting that now is the time to innovate. Bootstrapping is a part of e-ship: lean production was developed in lean times. Many large firms such as Apple and Microsoft were started in hard times.
Siebel systems was started in a downturn. Tom Siebel is fired up to do another start-up…because the timing is right: (1) rents are cheap; (2) good people are available; and (3) other potential entrepreneurial competitors are dispirited.
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