1998 2005 Business Model Open Source 
Both Sides of the Table
MAY 23, 2012
Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. In 1998 there were around 850 VC funds and by 2000 there were 2,300. LP contributions to VC firms shrunk from 2000 and by 2005-2008 had stabilized to around $30 billion per year. The Funding Problem.
www.paulgraham.com
OCTOBER 23, 2010
March 2005 (This essay is derived from a talk at the Harvard ComputerSociety.) Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. Back in 1998 our CFOtried to talk me into it.
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