Short Description:

Recent successes of global platforms such as Facebook, Twitter, Apple iPhone and Google Android took place on the back of the proliferation of technology and trends such as the Open Web and its standards, advanced software development methodologies (i.e. Agile), and the availability of cloud infrastructure.

As a result, startups, particularly those innovating in the consumer Internet space, have seen their cost of product development significantly lowered and their pace of innovation accelerated. Entrepreneurs are now able to bootstrap with less, and iterate on their products and services quicker.

Long Description:

Recent successes of global platforms such as Facebook, Twitter, Apple iPhone and Google Android took place on the back of the proliferation of technology and trends such as the Open Web and its standards, advanced software development methodologies (i.e. Agile), and the availability of cloud infrastructure.

As a result, startups, particularly those innovating in the consumer Internet space, have seen their cost of product development significantly lowered and their pace of innovation accelerated. Entrepreneurs are now able to bootstrap with less, and iterate on their products and services quicker.

Fundings