Raja Jasti’s Blog - Renaissance Thinking

November 1, 2009

Startup lessons: $5 seed funding and 2 hours runway

Filed under: Entrepreneurship — Raja @ 9:27 pm

How much can you make if given $5 seed funding and two hours of time? This was the experiment run at my alma mater Stanford by a B (business) school professor at the D (design institute) school. The answers will surprise you.

You don’t need millions of dollars to create huge businesses. The biggest grossing movie of the past few weeks, paranormal activity, was made for $10K by a couple of amateurs. It has made $84M so far in its first 6 weeks.

As you can see you don’t need a lot to do a lot. So what are YOU going to do?

Here is the trick: Think out of the box and think big.

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