Now might be a bad time to do a start up that deals with sub prime mortgage backed "securities"... ;)
Seriously, though... the idea is the key, not the "time"
2 comments
People have been trying to raise money for distressed debt funds since mid-2007. One of these times they could get the timing right, although investor cash might be drying up for them.
The execution is key, not necessarily the idea :). Ideas often change drastically once you get started.