It's interesting to see that, but not being a follower or a reader of his it's difficult to put that into context.<p>Are his savings dwindling because his business is struggling and he is not making a profit, forcing him to live on his savings? Or are they dwindling because he's pumping more money into his business to make it grow faster?<p>On what basis is he extrapolating his experience to all entrepreneurship in general? Entrepreneurship is a complex and difficult field, being a VC doesn't make you qualified to be an entrepreneur any more than being a programmer, engineer or manager does.<p>Seems like he's having a rough day, and I sympathize having been through a very similar process of watching my savings dwindle to zero. However I believe it's important to realize that effect happens primarily due to a lack of understanding of the process of starting a business and is generally not representative of a good startup.<p>If you are really interested in entrepreneurship, I highly recommend taking a look at the lean startup concepts - they are specifically geared toward helping people to avoid exactly this cycle.<p>Entrepreneurship is not about taking the plunge, living on your savings, and hoping you become profitable before you run out of money. That's just a wing and a prayer.<p>Anyway, sorry for the longish rant, but I get tired of these types of posts.
Hmmm, looks like a lot of graphs in 2008-2009.<p>Home values, savings, wages, employment, manufacturing jobs, consumer confidence.<p>On the bright side, processor energy consumption, cost of entry into software development.
The part that this graph is missing is the effects of entrepreneurship on savings when you get traction.<p>Many entrepreneurs I know have a graph like that for a year or two and then what we call "hockey stick" growth in the opposite direction.