Do Internet Start-Ups Really Need Venture Capital?
With software-development tools readily available – and with seemingly insatiable demand among consumers for easy-to-use applications for smartphones – it continues to be easier, and cheaper, to start up an Internet or software business.
At the same time, global financial troubles have made it harder than ever for new companies to get funding from venture capitalists – who are, in turn, having trouble raising money from their limited partners.
