“There are so many reasons to start a company today, but the biggest one is because it’s cheap. You can now rule out having to pay Microsoft for anything because of open source software, like Linux and MYSQL, and all of the free - or almost free - productivity and communication tools like Basecamp and Skype. And, let’s not forget how inexpensive hardware and Bandwidth is. In 1999, we had to spend $500k to build a website that, today, would only cost $20k-$30k . Operational costs haven’t changed that much, but the point is it takes a lot less money than it did only 5 years ago.”

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