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by Anon84·18y ago·view on hn ↗
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.