4 Reasons It Has Become Easier to Start an IT Startup

Referencing Paul Graham’s take on why IT startups earning $30,000 a month can survive.

• Hardware has become extremely cheap thanks to Moore’s Law.
  • Computers have gotten 10 times faster every 5 years, and 100 times faster every 10 years.
  • In 1995, a server with a 90MHz processor and 32MB of memory cost around $30,000. Today, that hardware is little more than scrap metal.
• Software is essentially free thanks to open source.
  • In 1998, Netscape Commerce Server — needed to run a web server — cost around $50,000. Today, there is an abundance of free software.
• Web technology has made marketing and distribution remarkably accessible.
  • You can run ads across various social media platforms and apps for just a few dozen dollars.
• More powerful programming languages have increased productivity and reduced the need for developers.