Why Technology is Driving More Urban Renewal
Both Sides of the Table
JULY 10, 2012
One of the major trends I’ve outlined is this movement of entrepreneurs (and as a lagging indicator venture funds) to more urban environments. The costs of building a company have gone down dramatically, from $5 million to get to launch in the late 90’s to $500,000 (or even lower) today for web companies. Our lease runs out in 2013.
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