It's a great time to be an entrepreneur

It may be a great time to be an entrepreneur as Joe Kraus states, but it was a better time to be an entrepreneur back in 99, 00. Exits for startups these days are much, much lower than in the heyday (e.g. 1-5x acquisition / rev multiples).

It may be cheaper, but it's still going to be tough to exit at an attractive valuation. More on cost of a launch from 37signals