Caterina Fake- “it’s a terrible time to start a company”

Caterina Fake has posted a hilarious (and somewhat insightful) critique of the current climate for new software startups. My favorite quote- “I see some entrepreneurs in photos from *every single event*. Who’s talking to the users, writing the code, tweaking and retweaking the UI? It ain’t the Chief Party Officer.”

I think this may be true in the Bay Area, but it isn’t true everywhere. And while everyone is funded, it doesn’t mean it is a bad time if you have an original idea. Still, good humor and something to think about if you’re looking to start a new company or jump to a startup.

UPDATE- David’s response is on point.