The credit crunch may actually inspire new entrepreneurs!

I was reading techcrunch, as i do daily when i came across the title: "Will the credit crunch inflate the internet bubble"
the entry cites a survey carried out on the people most affected by the fall out in the financial markets, due to the US mortgage crisis. The survey studied 862 people, 56% of which were considering starting their own business within the next 12 months, most of them in the tech area.
Are we about to witness an array of creative ideas or are we dealing with a bunch of desparados inspired by the "be your own boss" campaigns, who assume the internet is an easy way to make a buck?

lets just wait and see!

The author also mentions the 'internet bubble' being inflated, in my opinion, there is no bubble; not many startups do IPOs, most are backed by VC's, therefore if the business fails, the financial implications are only felt by the gullible VC and 'misguided/unlucky' entrepreneur, unlike the original bubble where companies were publicaly traded..

to read the techcrunch post see: techcrunch