I started my first startup in September 2001. We got amazing people for nothing and free office space. Post-2008, my series-A failed to produce any sales because the market was simply gone. But at least I could find and retain good engineers. I would be afraid to start a company today.
What part of today would have you worried? My start up is having a great time finding people (amid tech layoffs) and our office space is heavily discounted due to WFH/high office vacancies. Our sales are going well also (our industry has been booming). It seems to me like a good time as any to build a company.
Yeah, this feels like a great condition to start a startup, if you can raise.
Talent is the cheapest it's been certainly in at least 10 years. The rest of the economy is going okay, so customers shouldn't be impossible to get. If you want office space, that's going great.
I don't know if anyone can raise money right now, though.