Post on 01-Nov-2014
description
Why smaller seed
rounds make sense
and how to use this
to your advantage.
Big money
is getting more scarce.
Development costs
have dropped.
Storage Costs1980 $19,300.00/GB
1990 $9,000.00/GB
2000 $17.00/GB
2004 $1.50/GB
NOW
$0.10/GB or
$0.15/GB per month
Do more
with less.
Spend money
on the important.
Don’t spend money
on the unimportant.
Avoid money that
will kill your startup.
Just remember,profitability = freedom