Follow-up to Raising Startup Capital – New York Times Article on the Topic
My post yesterday, "Raising Startup Capital from Investors- Information Resources," mentioned that many small businesses are not in the market for traditional venture capital financing. Coincidentally, the New York Times today has a very interesting article which reports that many Internet start-ups are foregoing venture capital in their early stages and choose instead to grow on a shoestring.
This happens to be the most e-mailed article in the NY Times today, I wonder why. Are so many people dreaming of Web success on the cheap?