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.

About David Burn

Co-founder and editor of AdPulp. I wrote my first ad for a political candidate when I was 17 years old. She won her race and I felt the seductive power of advertising for the first time. I worked for seven agencies in five states before launching my own practice in 2009. Today, I am head of brand strategy and creative at Bonehook in Portland, Oregon.