It’s Morning in Venture Capital
Both Sides of the Table
MAY 23, 2012
Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. Try charging customers for your product when you have 12 competitors giving the product away free finances by $20 million of VC. By 2010-2011 this had shrunk by half again, averaging under $15 billion.
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