There's no better time than now to start a technology company. Sounds ridiculous, given the technology stock market's volatility and the Chicken Little mentality of doomsdayers spreading word that the Internet opportunity has passed. Truth is, technology start-ups are much bigger than the Internet, which is only a small segment of the technology sector. The revolution continues. The PC and the Web are only two facets of this digital landscape-there's a lot more to come.
Venture capitalists are cash-flush and itching to invest in companies that are revolutionary.
And the good news is that because the noise of the hypesters and scam artists is gone, truly great business ideas are more likely to be funded now. Good businesses are no longer competing with garbage ideas for venture capital attention. Gone are the dot-com opportunists and weak business models based on yesterday's thinking. You can use the network to control costs and to grow to a scale that companies offline cannot enjoy. Better think again.