article thumbnail

How much does it cost to build the world’s hottest startups?

The Next Web

Taking into account the difference in storage costs in 2002, Schippers estimates that Zuckerberg was spending $3,000 per month on hosting for the first year and about $10 million per month by 2006 as the network grew exponentially in that time period. 8) Angry Birds. Fifteen years ago, starting a business was primarily a technology problem.

Cost 168
article thumbnail

#KillerSaaSPitch in 10 Words (Part 2)

Cracking the Code

When Elon Musk received $200 million from the proceeds of the PayPal acquisition in 2002, he re-invested everything to build the next big thing: $100 million in SpaceX and $100 million in Tesla. . #6 Passion While everyone wants to make money, good VCs look for more in an entrepreneur than the desire to cash out.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

The Past (1985-2002). AOL was controlled by one company and the Internet was distributed. They controlled distribution to the masses. Next began the era of “spam-based&# networks of which Plaxo (founded in 2002) was the king. What are the big trends that will drive the next phase of social networks?

article thumbnail

Welcome to the Widget Wars

Eric Friedman

The culmination of this brainstorming has left me thinking a lot about embeddibility and how the future of applications and software will be distributed. According to my own timeline, I would say 2002. Distribution networks. Lets take a look at exactly what I am talking about. Who is making the widgets?

Widget 60
article thumbnail

Cracking The Code: Churchill Club 2008 Top 10 Tech Trends

Cracking the Code

Global warming, by accentuating drought and melting glaciers, will have a key impact on water resources distribution and will increase the unbalance. Popular Media: the key to viral marketing. While the point on water is very clear to me, I dont know if it supersedes the climate issue. So, which one will have the greatest impact?