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.


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

Categories: the column

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