The Future of Web Startups

[mandy]

There's something interesting happening right now. Startups are undergoing the same transformation that technology does when it becomes cheaper.

There's a pattern that we see over and over in technology. Initially there's some kind of device that's very expensive and custom made in small quantities. Then someone figures out a way to make them much more cheaply, and orders of magnitude more get built. And that allows them to be used in ways that would have been inconceivable before...

Now as well as being produced by startups, this pattern is happening to startups. It's so cheap to start web startups that orders of magnitudes more will be started. And if the pattern holds true, that should cause dramatic changes...

full article: http://www.paulgraham.com/webstartups.html