3 ms·
Not to take away anything from the incredible achievements of autodesk, but $60,000 in 1982 was roughly $155,000 today. That's a non-trivial amount of cash to
by showerst 9y ago
Not to take away anything from the incredible achievements of autodesk, but $60,000 in 1982 was roughly $155,000 today.
That's a non-trivial amount of cash to be able to dump into starting a company.
- hitekker 9y agoI agree, though according to Wikipedia 12 people started the company together and contributed the initial sum of money
- seiferteric 9y agoReally? That's less than the cost for opening most franchises.
- showerst 9y agoI mean, in the context of 'discussion of small entrepreneurs who have started internet companies from scratch'. You're right that it's a relatively small amount to start any kind of business. I do think someone mid-career who's something of a subject expert spending $150k teaches us meaningfully different lessons than an inexperienced person whose $150 side project is now a billion company. Not less valuable, just different.
- koffiezet 9y agoAdd to that: working your ass of for pennies for the first year or so...
- the_watcher 9y agoSure, but still more than qualifies them for inclusion with the companies listed in the article.