Investment capital

I remember walking into an unnamed Dublin start-up about five years ago. They specialised in web-development. I think everyone did back then. They thought they were going to conquer the world because they had developed a text entry box for web forms that had a similar interface to MS Word (more like WordPad). It seems the internet has come a long way since then.

Their URL is now invalid; they must have gone out of business. But they had millions in startup capital. Where is that investment capital today? Is it obvious today that a single shitty product won’t sustain a company? Actually the more I think about it the more Free Software makes sense. It’s presumably easier to start a services company than it is to sell software.

I really wonder what I’ll be doing after my PhD.

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