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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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Tom Evslin on the Investment Required to Start a Web Company

Comments (4)

I couldn’t agree more with Tom Evslin’s post titled Web 2.0 – Greater Initial Investment RequiredIf you are the founder of a company with the description “Web 2.0” somewhere in your executive summary then click now and read slowly.  It also compliments the current “Web 2.0 Bubble / Deadpool” meme that seems to be going around.

  • http://www.YouDesignit.com Blake P.

    I agree with the post on a few issues but there are some misses based on ambiguity. A few million dollars being a necessity is a stretch unless you plan on flipping the company for a high multiple of that amount. If you are going to start on a shoestring, you better have first mover’s advantage and a realistic expectation (in dollar amounts) for your exit strategy. A shoestring start-up is still a real possibility as long as the execution is solid and the return is to scale.

  • http://www.firstnational-usa.com Stewart

    One of the most difficult things about being a small business owner is finding ways to generate marketing or advertising for your small business. I have found a company that really helps with promoting your business, there are just some many ideas that you can promote your business with.

    Look at http://www.theexecutiveadvertising.com for Promotional Products that you can put your company logo on, they literally have thousands of products and ideas. This type of advertising really keeps your company name and logo in front of your customers, something as simple as a refrigerator magnet; this really helps with local marketing. Also, look at http://www.theexecutivemarketing.com they actually offer a telephone marketing campaign that will call a list of consumers that are not on the

  • http://lallylogic.blogspot.com Lal

    One thing that is also VERY important (4 the 'cheaper' Web 2.0 type startups) is GOOD advice.
    AS initial investment is now cheaper it DOESN'T MEAN u can get away with less guidance/mentoring

    My 2c

    Lal

  • http://lallylogic.blogspot.com Lal

    One thing that is also VERY important (4 the ‘cheaper’ Web 2.0 type startups) is GOOD advice.
    AS initial investment is now cheaper it DOESN’T MEAN u can get away with less guidance/mentoring

    My 2c

    Lal

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