Paul Graham on Start-ups, Innovation, and Creativity
EconTalk
00:00
Why It's Cheaper to Start a Startup
It's now so much easier to start a startup than it was 20 or 30 years ago. Moore's Law has made computers effectively free, the internet has made promotion free and programming languages have gotten more advanced. You don't need to raise money to hire anyone because hiring people like that is suddenly shockingly expensive. So basically you build it and they will come - which didn't used to be as true as it is now.
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