Emergic: Rajesh Jain's Blog

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Great Time to be an Entrepreneur

July 3rd, 2005 · No Comments

Joe Kraus writes:

Theres never been a better time to be an entrepreneur because its never been cheaper to be one. Heres one example.

Excite.com took $3,000,000 to get from idea to launch. JotSpot took $100,000.

Why on earth is there a 30X difference? Theres probably a lot of reasons, but here are my top four.

– Hardware is 100X cheaper
– Infrastructure software is free
– Access to Global Labor Markets
– SEM changes everything

What are we waiting for in India?

Tags: Entrepreneurship

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