Venturing Past The Recession at the Atlanta Botanical Gardens
14
Why smaller seed rounds make sense and how to use this to your advantage.
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A short presentation I did during an event at the Atlanta Botanical Garden.
Transcript of Venturing Past The Recession at the Atlanta Botanical Gardens
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
