The entrepeneur behind Excite.com says it's a great time to be an entrepeneur -- Excite.com took $3,000,000 to get going, but his most recent endeavor took only $100,000. The difference: free software, cheap experienced labor, nonstandard advertising routes, and hardware is dirt cheap. "The sources of funding capable of writing $100,000 checks are a lot more plentiful than those capable of writing $3,000,000 checks", Kraus says, but my guess is they're not as ready to part with their money for unsure things as they were ten years ago...we'd like to find someone to part with $10,000 to get our stuff going, but it's not exactly an easy sell when we don't have inventory, we don't already have a billion-dollar business under your belt, and the business isn't all buzzword-filled.
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