The short version

Paul Graham predicted on October 1, 2007: “My first prediction about the future of web startups is pretty straightforward: there will be a lot of them. When starting a startup was expensive, you had to get the permission of investors to do it. Now the only threshold is courage.” Verdict: Called it. Global startup formation exploded 2010s-2020s; YC alone went…

Prediction by

Paul Graham

On October 1, 2007

“My first prediction about the future of web startups is pretty straightforward: there will be a lot of them. When starting a startup was expensive, you had to get the permission of investors to do it. Now the only threshold is courage.”

Follow-up

Global startup formation exploded 2010s-2020s; YC alone went from ~40 cos/batch in 2007 to 200+/batch by 2021.

From the High Caliber AI network — see the AI for PR module in the course.