article thumbnail

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. million and my A Round in 2005 was only $500,000 (and that’s all I ever raised). The reality is that as a result of two major trends the costs of starting a technology startup went down massively.

article thumbnail

Data is the Next Major Layer of the Cloud & A Major Victory for Startups

Both Sides of the Table

When I started my second company in 2005 we decided to do everything differently. I had been selling large content management systems and storing documents for industrial-scale customers. By then the open-source movement had really developed. I was dead set against it. Processing.

Startup 343