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?