Today, it's 1,000 times cheaper to start an Internet company than 14 years ago. That's amazing!
Today's evidence of abundance is about this plummeting cost of launching an Internet startup.
In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.
Watch what happened, though, as open source communities, cloud computing, and developer-founded companies came into vogue over the next 11 years:
As of 2011, it cost about $5,000 to launch a tech startup.
These days, the barrier of entry to entrepreneurship is even less, thanks to crowd-powered technologies like incentive competitions, crowdfunding and crowd content creation.
It's never been easier to share your ideas and passions with the world. And, as you've heard me say, it's only getting better.
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