Gust

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What is the worst startup pitch ever?

Gust

A Software-as-a-Service company using open source and cloud computing technologies. There are 4 main competitors to our business: (1) MSN, (2) Yahoo, (3), Google, and (4) Amazon. These companies do not have a loyal customer base, leaving an opportunity for our company. Contestant B. Web-based Productivity Applications.

Startup 131
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Gust Blog - Thoughts on startups by investors that fund them

Gust

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product.

Startup 180
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The Cost Equation for a Startup is Better Than Ever

Gust

Now, with open source software components, and low-cost development tools, the same job can be done by one good hacker for a few thousand dollars. I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product.

Cost 139
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New Early Stage Financing Options for Entrepreneurs

Gust

Lean startups operate on minimal money, an open source environment, and assume multiple iterations, with customer feedback, to get it right. Lean startup. This is a concept coined (and trademarked) by Eric Ries a few years ago, primarily for software and web applications. A popular phrase heard in this environment is “rinse and repeat.”