Less is more

A theme I've been seeing consistently of late is that less is more when it comes to startups, especially startups that are building web-based products. I've been reading a lot of blogs lately about how the price to start a company is continuing to go down. Instead of needing at least $2-3 million dollars to start a company, you can potentially do it at nights and on weekends while maintaining a full-time job (at least when getting started). Bloglines, upcoming.org, and several other recently acquired companies started this way. As a result, much of what I hear from Venture Capitalists these days is not very relevant: you need a very experienced team, you need an idea that can support $2-5 million series A funding, etc.

Here are some good articles I've come across on this topic:
It'’s a great time to be an entrepreneur
ETech - Bloglines
Less as a competitive advantage
Startup School - An Inspiring Room Full of Hackers
The Amazing Rise of the Do-It-Yourself Economy
The New Instant Companies
Small is the new big