I'm not sure I follow that bad times being a good time to invest means that its ... | Hacker News

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		greendestiny on Oct 16, 2008 \| parent \| context \| favorite \| on: Why to Start a Startup in a Bad Economy I'm not sure I follow that bad times being a good time to invest means that its a good time to start a company. Investors want a low price, but for founders I would have thought the amount of effort (price paid) is fairly much independent of the economy.

yummyfajitas on Oct 16, 2008 [–]

Opportunity costs are lower.

If the economy were good, the opportunity cost of building a startup would be a high paying job as a quant.

Since it's bad, all I'm missing out on is a shot at postdoc #2 or a faculty position.

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