Joe Kraus from JotSpot has a great piece on how the last ten years has reduced the price of doing a startup from three million to a hundred thousand dollars for him. That’s definitely an interesting development and Joe is highlighting the right trends. But since Joe is coming from a company launched on angels and running on VC ($5,2 million, no less), his side is only one side of the story.

Entrepreneurs, angels, and the cost of launch - Signal vs. Noise (by 37signals)