From TechCrunch50: New web technologies rocket tech start-ups

Interesting convo on TechCrunch50 LiveStream panel on angel investing. The Silicon Valley-based panelists, mostly angel investors themselves, are debating what it takes to get new technology ventures off the ground these days. Highlighted as a key difference (certainly from what I remember in the “good old days”) was that the cost of building new web-based products and services has dramatically declined — new start ups can have a product built and tested in an open source or even .NET framework in a fraction of the time it used to take. I enjoyed this “ease of entry” recently with the launch of the SBDP.org, a fairly sophisticated site that two years ago would have been prohibitively expensive for us to build.

Interestingly and to some protest, panel moderator Jason Calacanis enthusiastically quotes an academic “study” saying the likelihood of getting a new technology company off the ground outside Silicon Valley is really, really low.  Just a tip for our friends at TechCrunch: Leave Calcanis at home when you come to Austin for the Meet-Up this month!