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7 Reasons We’re Excited About Australian Startups | Blackbird
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7 Reasons We’re Excited About Australian StartupsDate Published:November 19, 2013Why Australia has such a great startup scene.Software is cheaperMark Suster’s blog post says it far better than I could, but in case you’ve missed it, the cost of developing and deploying a professional, scalable web site has decreased by a factor of 100. In 2000 it cost about $5m to do this as you had to buy databases, server software, and rent or buy hardware. By 2005, costs started coming down due to free server software and the launch of AWS drove costs down even further. The latest efficiencies come from the rise of high level frameworks and APIs that make software even faster, easier and cheaper to develop. In 2013 one or two techie founders can get a professional, scalable web or mobile product launched for less than $5,000, with gold standard network components. I recently met an enterprise software business, with two founders who had managed to bootstrap themselves to $10,000 monthly revenue spend...
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