33 karma · joined April 27, 2008
2) The Art of Computer Programming
3) The Art of Computer Programming
4A) The Art of Computer Programming
It is 100% crowd sourced open data under the ODbL licence (same as OpenStreetMap).
...but the Netherlands and Denmark are the only two countries I know of where addresses data have been opened by the government (are there other?). In most other countries, this is still an ongoing fight, and crowd-sourced data is still not on par with the proprietary offering.
The good news is that we are working on it: see for instance here (in French) for the ongoing grassroots effort in France (started a few months ago, already 18 million addresses compiled): http://wiki.openstreetmap.org/wiki/WikiProject_France/WikiPr... ...or this meeting in London which took place yesterday(!) and was the kick-off of a similar effort in the UK with some funding from the cabinet office: http://lanyrd.com/2014/openaddresses/
I for one like the timing: First, most blue chips are now completely focused on their core business. Perfect times to try to quietly take the lead on wide open niche or emerging markets. Moreover, lots of smart people are leaving their employers (voluntarily or otherwise) or are just tired of seeing their company going down the drain. Perfect times to hire bright people for cheap.
That's why I don't think your timing is wrong at all. That is, if your project does not require massive initial funding, because I do have some doubts about funding in the current environment. I usually don't bother to see VCs before breaking even and being able to show 7 figures in sales or revenue. Just arriving around there on the current project, so this month should be the start of the VC pitching circus. We shall see...
All in all, there is no absolutely good or bad timing: it may be the layoff business or the cost-cutting industry right now, but there is always some growth sector worth exploring. It is always the right time to start something whose time has come.
Go for it. Work hard. Have fun. ...and let us know how it turns out. :)