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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

Bygrave’s ideas echo a 1984 study by George Washington University. Myth #2: You need a lot of money to start. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money. It was only in 1998 when Andy Bechtolsheim invested $100,000 in Google, Inc.