Startups do it for cheap.
A great post by Andrew Hyde. I remember when I first started at HP and they told me how much my quarterly budget was and then asked me if that was enough. My first thought was that I could start a company with that much money. The I learned that everything costs more inside a big company.
Personally I still think we should have let the banks and big co's crash. It would have hurt more but we also would have come back twice as strong. From Andrew's post:
"The people I’m around in the startup world could make a damn good run to change the world on $100,000. The banks couldn’t give a mid level manager a bonus that low."
Sent from my brain telepathically with the help of my phone.
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We are launching our latest project on a shoestring budget. We've learned to be frugal by bootstrapping for years. Our fiscal restraint has made us attractive to investors. Just food for thought.
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