VCs Handing Out Cash Again

Kevin Maney, USA Today’s technology writer, claims now is the time to launch a web-based business.

“A savvy entrepreneur can get to proof-of-concept with a consumer Internet idea on less than $500,000 of capital,” says Dave Whorton, a venture capitalist at TPG Ventures. “Five years ago, it required 15 times more capital and three times more time. Experimentation can happen faster and at lower cost.”

If VC money is not your thing, you can always start a blog.

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