true, maybe i'm just bitter because i missed both bubbles in '99 and the one now to raise some money and flip a startup. :)

i respect everyone who starts a business, it's tough (and success is heavily influenced by luck & personal connections).

i just want to make the point that from an outside perspective this doesnt look like a building a business, its more like big corp work disguised as entrepreneurship.

The mistake is to paint the situation as black and white, which it's clearly not. There are plenty of failures and successes across the spectrum.