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"it's becoming cheaper to start a startup, and startups are becoming a more normal thing to do" You can now start a company with a few hundred dollars. All tha
by kevingibbon 13y ago
"it's becoming cheaper to start a startup, and startups are becoming a more normal thing to do"
You can now start a company with a few hundred dollars. All that's left is food and rent. This is the first time in history when this has been possible.
- kevingibbon 13y agoMy co-founder and I have $2500 into our business http://shyp.com http://shyp.com. This includes the domain name and all server usage to date. We use zipcars to do pickups and are already profitable on a per transaction basis. We have a large house in SF and rent our extra rooms on Airbnb. This covers rent + food. We have yet to take any external funding.
- _delirium 13y ago> This is the first time in history when this has been possible. That's overstating it a bit. Plenty of '80s software companies were bootstrapped for the cost of food+rent+computer, with shareware demos distributed via BBS.
- rdouble 13y agoEven Apple was started as a bootstrapped effort.
- adventured 13y agoMicrosoft as well. They required no outside capital, and Gates & Allen put in a modest sum (equal to maybe $10,000 today). Their customers funded the business.
- kevingibbon 13y agoThese are definitely outliers.
- kevingibbon 13y agoAgreed, I did overstate it a bit. It has been possible before. It has just recently became a lot easier.