The conventional wisdom is that starting a web business is (at least) 10x less expensive today than it was 10-15 years ago. It's said that a decade ago, you needed millions of venture capital in order to launch an Internet startup whereas today, thanks to open-source software, cheap hardware and new ways to acquire users for free (in particular virally via Facebook/Twitter and with SEO via Google), you can do the same with a small fraction of that.

email

Post to Twitter Post to Facebook

Posted: February 25th, 2011
at 10:12am by mnp


Categories: the column

Comments: No comments



 

Leave a Reply