Obamacare Could Help Fuel a Tech Start-Up Boom

dcblogs writes "The arrival of Obamacare may make it easier for some employees to quit their full-time jobs to launch tech start-ups, work as a freelance consultant, or pursue some other solo career path. Most tech start-up founders are older and need health insurance. 'The average age of people who create a tech start-up is 39, and not 20-something,' said Bruce Bachenheimer, who heads Pace University's Entrepreneurship Lab. Entrepreneurs are willing to take on risks, but health care is not a manageable risk, he said. 'There is a big difference between mortgaging your house on something you can control, and risking going bankrupt by an illness because of something you can't control,' said Bachenheimer. Donna Harris, the co-founder of the 1776 incubation platform in Washington, believes the healthcare law will encourage more start-ups. 'You have to know that there are millions of Americans who might be fantastic and highly successful entrepreneurs who are not pursuing that path because of how healthcare is structured,' said Harris"

Comments

Re:yep

[cyclopropene]

Most Silicon Valley startups offer healthcare.........if they don't, they are horrifically underfunded and you should avoid them.

It takes time to obtain funding. The article is talking about the people who take a risk and actually launch startups, and their health insurance during the time that they are pitching their ideas to investors to obtain the funding to offer insurance to new employees, not people like you, who only join after the funding is secured.