Showing posts with label democratization. Show all posts
Showing posts with label democratization. Show all posts

Sunday, April 01, 2007

democratization of startuping

In his famous book "the world is flat" Thomas Friedman speaks about democratization of information, finance and politics, which is really a very interesting observation. While enjoying a rather lazy Sunday afternoon, an interesting thought came to mind - "There is one more thing that is getting democratized and that is startuping".

What a startup needs? idea, funding, platform to quickly test out and deploy it to get a user feedback. Here is how this is getting democratized.


1. Thanks to opensource tools and frameworks like ruby on rails, its a matter of weeks to test out your idea and see it evolve in front of your eyes.

2. Thanks to the initiatives like Y-combinator by Paul Graham, there is a funding available to bright ideas for a period of time where you can make something meaningful and if one comes up with something really meaningful at the end of a period of three months, he can look for further funding or simply can get acquired for a decent bit of money and the best thing is you can apply to it from anywhere, we've applied even sitting in India. So funding is no longer a luxury for those who are within few miles of Sandhill Road.

3. Thanks to shared hosting plans for about 40 bucks a month (thats just 13 Starbucks Cafe Mocha, or 7 Sam Adams if you prefer it that way), you can keep it live for a considerable period of time and figure out how users' see it.

Thus anyone with an idea and willingness to put in few hours everyday can make a startup whether it succeeds or not is a different issue and thats the best part of it. The society filters out good ones from bad ones. Well not necessarily.. I don't find myspace quite good, still if the people like it and use it, there is a value it is delivering.


Happy startuping!!!