Shake out time is fast approaching, and the days of the Web 2.0 boom are drawing to a close says computer scientist, entrepreneur, and PayPal co-founder, Max Levchin.
This is Levchin’s reasoning. Members of the last crop of start-ups - many of them Web 2.0 companies created two-three years ago - are fast approaching their date with destiny. A slowing US economy and worsening financing environment will force those that haven’t already proven they can make money to consider a sale.
In other words, “this is the perfect time to start a company.”
