For Start-Ups, Web Success on the Cheap. It doesn’t take millions to make millions

“It’s a great time to be an entrepreneur,” Joe Kraus, a veteran of the dot-com boom, wrote in a widely noted blog posting last year. Mr. Kraus said it took $3 million to get his first start-up, Excite.com, from idea to product, much of it spent on servers and software, which have since become much cheaper or even free. His new start-up, JotSpot, was started on just $100,000.

By MIGUEL HELFT

Full Story: http://www.nytimes.com/2006/11/09/technology/09venture.html?_r=1&adxnnl=1&oref=slogin&adxnnlx=1163088735-8dETJ5hti0T+8tSnDLvoxw