
One of the factors which will protect many of the latest batch of start-ups is the fact that many are low-budget operations, using open source enterprise software, cloud computing and taking advantage of all that's available for free. Today it seems to me there are more and modest incubator investments where ten years ago VCs would be putting up millions.
Maybe I'm a born optimist. But my view that "the glass is half full" is a pre-requisite of my efforts in the area of DIYLBM (do-it-yourself low-budget media).
Enjoy the video, though!
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