Why Technology is Driving More Urban Renewal
Both Sides of the Table
JULY 10, 2012
These days it’s Santa Monica and Venice. 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. So we’ve seen an explosion in the number of startup companies and subsequently a huge burst in the number of incubators.
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