Proving once again that tech companies are enjoying a renaissance in excitement and funding, on Thursday GrubHub launched its IPO and its stock rose more than 30%. For those who do not know, GrubHub is a very simple idea – people should be able to order food from their favorite restaurants online. It’s a perfect example of one of those “duh” ideas, executed well, that are heart of some of the most vibrant new businesses.
What’s especially cool, is that these businesses are easier than ever to get started. The excitement that comes with creating something new, that is now so accessible, is why I love working with new online companies.