LLMs are changing who starts companies, but not in the way you think.

The obvious effect is people with less technical backgrounds can build software more easily.
The more interesting effect is they’re pulling in people who were kept out by opportunity cost.
Previously, my smart friends in banking, PE, hedge funds, and VC would have startup ideas, talk about them, maybe sketch them out, but rarely test them.
Now a surprising number have side projects with real users and revenue because the threshold to try something has fallen so much.
That seems like a much bigger deal than people realize