The hardware trend showed that internet connection speeds were increasing, and by 2005, the speed of the connection would be sufficient that we could reasonably stream video in real time without resorting to heroic amounts of video compression or miracles in internet protocols. Nine years later, in February 2005, YouTube arrived. MORE >>

Founders Paul Farnell, Matthew Brindley, and David Smalley started Litmus in 2005 with a used computer and $800 dollars. Source code hosting for companies and open-source projects, Github is used by nearly a million people to store over two million code repositories. Photo by earthlightbooks. Startup #1: Goldstar. MORE >>

Small piece of trivia: OnStartups was started in 2005 on Dharmesh's birthday. Open source technology has helped entrepreneurs get started immediately with no capital while significantly reducing risk (you would have to raise a large amount of capital to launch anything with lines of code behind it a decade ago). Don't Force It. MORE >>

One example is my long time friend and attorney, Robert Chow, who just launched GrowthStage and has joined the open source law movement. WordPress is open source so they tend to play nice with other companies, particularly the widget makers.  I did my first post in 2005 and my second post in 2007.  Use WordPress.  MORE >>

So I think this is a brilliant step toward " open source law " which I've been advocating for a while.  ← There is Too Much Venture Capital…Not Too Little 2009 Startup Executive Compensation Survey Opens → [link] Are You In Need Of A Payday Loan Now?   Building that must have been crazy. MORE >>