The Web 2.0 Entrepreneur Bubble

Peter Rip (via alarm:clock):

I think there is a real Entrepreneur Bubble these days in Internet software. Step A is seductively easy – buy some servers, write some code. Just understand that 10-100 other teams around the world are doing the exact same thing. How will you sustainably differentiate yourself? What will you do when 15 other similar sites appear in the next 12 months?

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