The new internet independents

This is just another example of what we talked about the open web source and collaborative efforts from blogs help to lower the start up cost of internet company. Flickr is the example cited in the article. It also listed five major forces behind the rise of a new kind of internet entrepreneur.

It also helps the internet start-ups to stay independent and grow at their own pace without being pressured to be acquired by larger company due to lack of funding.

The new internet independents

"FlickrÂ’s story reflects a growing preference among young internet companies for going it alone. A few years ago, the independent route would have been all but impossible. In the late 1990s, high fixed costs for servers, storage and software meant that most start-ups had no choice but to turn to VCs to get their operations off the ground.
But while some parts of the tech sector, such as semiconductors and mobile technologies, will always rely on outside investment, self-funded start-ups are exploiting broader changes in technology and business that lower the barriers to entry for aspiring entrepreneurs."