Times have changed and that’s a good thing for the budding entrepreneurs of the world. In the past, starting a business often involved leasing retail space, purchasing expensive equipment and hoping that your idea would take off in to a profitable venture but no longer does it have to be that way.
A much smaller amount of funding is required to launch new online applications than was required a few years ago. That is spawning the start of new businesses to bring their ideas for an improved web community into the market. One example is Piazza, an online destination for college students.
Ideas for starting a new business are everywhere. For Suhail Doshi, the idea for his San Francisco analytics company, Mixpanel, sprang from an internship with a developer of social media applications while he was a college student.