What to do with $5
by Mark on Mar.12, 2006, under general
Mark Chang has a great post called The Five Buck Idea. He offers an easy-to-follow guide on creating a successful startup with a five buck idea. That’s right, startups don’t need to bring about world peace or feed the millions of starving children around the globe.
Startups just need an OK idea (a five buck idea), a niche market and a nice interface. Then you wait for the buyout from the big guys like Yahoo!, Google and eBay. Want evidence? He ends his post with a slew of examples, including Flickr, del.icio.us and MySpace. I had no idea Fox spent $580M on MySpace, what Chang refers to as "the place animated GIFs go to die."
Related posts:
Recent Comments