--- title: "Meaning & Key Takeaway of: As of 2011, it cost about $5,000 to…" description: "\"As of 2011, it cost about $5,000 to launch a tech startup.\" — Peter Diamandis" image: "https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png" --- # As of 2011, it cost about $5,000 to launch a tech startup. ![“As of 2011, it cost about $5,000 to launch a tech startup.” quote by Peter Diamandis](https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png) [Download](https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png) [Open image](https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png) > “As of 2011, it cost about $5,000 to launch a tech startup.” [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Launching a startup in 2011 required substantial capital, highlighting high entry barriers. **In simple terms:** Starting a startup cost $5k then. Key Takeaway Plan for financial needs. Themes entrepreneurship finance startup Mood practical optimistic Type business financial When to use this quote - business planning - fundraising - risk assessment Key Concepts capital requirements investment strategy Questions to Reflect On - How have startup costs evolved? - What alternative funding exist today? A Different Perspective Costs have changed; context matters. ★ ★ ★ ★ ★ No ratings yet [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Startup](https://sms4smile.com/quotes/about/startup/) [Tech](https://sms4smile.com/quotes/about/tech/) [Technology](https://sms4smile.com/quotes/about/technology/) ## Related quotes > [In 2000, just before the first dot-com bubble burst, it cost a whopping $5 million to launch a tech startup.](https://sms4smile.com/quotes/peter-diamandis/in-2000-just-before-the-first-dot-com-bubble-burst-it-cost-a-whopping/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [St. Louis is a customer- and partner-rich environment for any financial tech startup.](https://sms4smile.com/quotes/jim-mckelvey/st-louis-is-a-customer-and-partner-rich-environment-for-any-financial/) [Jim McKelvey](https://sms4smile.com/quotes/author/jim-mckelvey/) > [Luxury is not a $4,000 T-shirt - that's just an expensive item, the same as if a can of Coca-Cola cost $5,000.](https://sms4smile.com/quotes/marco-zanini/luxury-is-not-a-4-000-t-shirt-that-s-just-an-expensive-item-the-same/) [Marco Zanini](https://sms4smile.com/quotes/author/marco-zanini/) > [“The tech startup scene, for all its pretensions of transparency, principled innovation, and a counterculture renouncement of pressed shirts and staid social convention, is…](https://sms4smile.com/quotes/antonio-garcia-martinez/the-tech-startup-scene-for-all-its-pretensions-of-transparency/) [Antonio Garcia Martinez](https://sms4smile.com/quotes/author/antonio-garcia-martinez/) > [To the small group of editors and designers who would launch Wired in January 1993, technology represented the future's best hope; but to the…](https://sms4smile.com/quotes/gary-wolf/to-the-small-group-of-editors-and-designers-who-would-launch-wired-in/) [Gary Wolf](https://sms4smile.com/quotes/author/gary-wolf/) > [We have a secret project at Third Man where we want to have the first vinyl record played in outer space. We want to…](https://sms4smile.com/quotes/jack-white/we-have-a-secret-project-at-third-man-where-we-want-to-have-the-first/) [Jack White](https://sms4smile.com/quotes/author/jack-white/) > [The launch of phase 1 Ebola vaccine studies is a first step in developing a vaccine that could be licensed and used in the…](https://sms4smile.com/quotes/anonymous/the-launch-of-phase-1-ebola-vaccine-studies-is-a-first-step-in/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [When I was 25, I had risked everything to launch Justin Bieber and was a couple months away from losing everything.](https://sms4smile.com/quotes/scooter-braun/when-i-was-25-i-had-risked-everything-to-launch-justin-bieber-and-was/) [Scooter Braun](https://sms4smile.com/quotes/author/scooter-braun/) > [Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market…](https://sms4smile.com/quotes/peter-schiff/every-time-the-market-has-corrected-since-2008-it-s-always-been-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [I wanted to take some time before I launch my men's line so it took a little while before I launched it.](https://sms4smile.com/quotes/nandita-mahtani/i-wanted-to-take-some-time-before-i-launch-my-men-s-line-so-it-took-a/) [Nandita Mahtani](https://sms4smile.com/quotes/author/nandita-mahtani/) > [“When President Obama showed up to launch the Desoto Solar Farm, we were in the middle of dealing with the engineering disaster it really…](https://sms4smile.com/quotes/steven-magee/when-president-obama-showed-up-to-launch-the-desoto-solar-farm-we/) [Steven Magee](https://sms4smile.com/quotes/author/steven-magee/) > [I couldn't be working in a bank and launch a clothing line. It's only because cinema gave me a lot of access that I…](https://sms4smile.com/quotes/vijay-deverakonda/i-couldn-t-be-working-in-a-bank-and-launch-a-clothing-line-it-s-only/) [Vijay Deverakonda](https://sms4smile.com/quotes/author/vijay-deverakonda/) > [I wanted to get into films, and my parents were against it. I convinced my mom, and finally she convinced my dad. My dad…](https://sms4smile.com/quotes/vijay/i-wanted-to-get-into-films-and-my-parents-were-against-it-i-convinced/) [Vijay](https://sms4smile.com/quotes/author/vijay/) > [“When asked what he was thinking about when preparing for launch abroad his Mercury-Redstone rocket, Alan Shepard, the first American in space, had infamously…](https://sms4smile.com/quotes/adam-higginbotham/when-asked-what-he-was-thinking-about-when-preparing-for-launch/) Adam Higginbotham > [“Every founder has a plan until it’s time to launch. I launch first and plan later, we’re not the same.”](https://sms4smile.com/quotes/marion-bekoe/every-founder-has-a-plan-until-it-s-time-to-launch-i-launch-first-and/) [Marion Bekoe](https://sms4smile.com/quotes/author/marion-bekoe/) ## More by Peter Diamandis > [I believed that once we got to the Moon, there was no stopping us. But in fact, we did stop.](https://sms4smile.com/quotes/peter-diamandis/i-believed-that-once-we-got-to-the-moon-there-was-no-stopping-us-but/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [My personal fascination with the power of the crowd has been growing: Exactly what can a 'crowd' accomplish? We know crowds can raise billions…](https://sms4smile.com/quotes/peter-diamandis/my-personal-fascination-with-the-power-of-the-crowd-has-been-growing/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [A Masai warrior on a cellphone in the middle of Kenya has better mobile comm than President Reagan did 25 years ago.](https://sms4smile.com/quotes/peter-diamandis/a-masai-warrior-on-a-cellphone-in-the-middle-of-kenya-has-better/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [I think people are dreaming big because they have the tools to dream big. I hope that people are dreaming big because it makes…](https://sms4smile.com/quotes/peter-diamandis/i-think-people-are-dreaming-big-because-they-have-the-tools-to-dream/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Most advertisers spend millions upon millions of dollars to buy commercial time during the Super Bowl, and millions in creating eye-popping ads, hoping to…](https://sms4smile.com/quotes/peter-diamandis/most-advertisers-spend-millions-upon-millions-of-dollars-to-buy/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Now, we connect via Skype or Google+ Hangout and see our friends' and loved ones' faces live.](https://sms4smile.com/quotes/peter-diamandis/now-we-connect-via-skype-or-google-hangout-and-see-our-friends-and/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [If you can make a big impact on the global literacy problem, you can uplift a big portion of society.](https://sms4smile.com/quotes/peter-diamandis/if-you-can-make-a-big-impact-on-the-global-literacy-problem-you-can/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Drones photograph, prospect and advertise real estate from golf courses to skyscrapers; they also monitor construction in progress.](https://sms4smile.com/quotes/peter-diamandis/drones-photograph-prospect-and-advertise-real-estate-from-golf/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Life on Earth is at an ever-increasing risk of being wiped out by disaster. ... I think the human race doesn't have a future…](https://sms4smile.com/quotes/peter-diamandis/life-on-earth-is-at-an-ever-increasing-risk-of-being-wiped-out-by/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [If the idea is really new and unique and big, other people will all think it is bad and is going to fail.](https://sms4smile.com/quotes/peter-diamandis/if-the-idea-is-really-new-and-unique-and-big-other-people-will-all/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Your mindset matters. It affects everything - from the business and investment decisions you make, to the way you raise your children, to your…](https://sms4smile.com/quotes/peter-diamandis/your-mindset-matters-it-affects-everything-from-the-business-and/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [As lower-cost phones begin to penetrate, they'll become the educator and physician everywhere on the planet.](https://sms4smile.com/quotes/peter-diamandis/as-lower-cost-phones-begin-to-penetrate-they-ll-become-the-educator/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [You either disrupt your own company or someone else will.](https://sms4smile.com/quotes/peter-diamandis/you-either-disrupt-your-own-company-or-someone-else-will/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [Your mission is to find a product or service that can positively impact the lives of 1 billion people because that's the game we're…](https://sms4smile.com/quotes/peter-diamandis/your-mission-is-to-find-a-product-or-service-that-can-positively/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) > [In 1820, the average lifespan was just 26 years. Twenty-six years!](https://sms4smile.com/quotes/peter-diamandis/in-1820-the-average-lifespan-was-just-26-years-twenty-six-years/) [Peter Diamandis](https://sms4smile.com/quotes/author/peter-diamandis/) [Explore all 232 Peter Diamandis quotes ](https://sms4smile.com/quotes/author/peter-diamandis/) ## More About quotes > [If you ask an introvert a question, wait until she thinks about it. Introverts think before speaking, not through speaking. If you want to…](https://sms4smile.com/quotes/laurie-helgoe/if-you-ask-an-introvert-a-question-wait-until-she-thinks-about-it/) [Laurie Helgoe](https://sms4smile.com/quotes/author/laurie-helgoe/) > [Joking about violence is not funny.](https://sms4smile.com/quotes/perez-hilton/joking-about-violence-is-not-funny/) [Perez Hilton](https://sms4smile.com/quotes/author/perez-hilton/) > [I talk to my mates about our kids, being too tired and being worn out.](https://sms4smile.com/quotes/holly-willoughby/i-talk-to-my-mates-about-our-kids-being-too-tired-and-being-worn-out/) [Holly Willoughby](https://sms4smile.com/quotes/author/holly-willoughby/) > [With 'Pretty Girls,' I saw the opportunity to talk not just about crime but what crime leaves behind.](https://sms4smile.com/quotes/karin-slaughter/with-pretty-girls-i-saw-the-opportunity-to-talk-not-just-about-crime/) [Karin Slaughter](https://sms4smile.com/quotes/author/karin-slaughter/) > [I write about presidents. That means I write about guys - so far. I'm interested in the people closest to them, the people they…](https://sms4smile.com/quotes/doris-kearns-goodwin/i-write-about-presidents-that-means-i-write-about-guys-so-far-i-m/) [Doris Kearns Goodwin](https://sms4smile.com/quotes/author/doris-kearns-goodwin/) > [That's something a lot of folks don't know about me - I'm pretty darn funny.](https://sms4smile.com/quotes/michael-jai-white/that-s-something-a-lot-of-folks-don-t-know-about-me-i-m-pretty-darn/) [Michael Jai White](https://sms4smile.com/quotes/author/michael-jai-white/) > [I learned a lot about myself at Oakmont.](https://sms4smile.com/quotes/shane-lowry/i-learned-a-lot-about-myself-at-oakmont/) [Shane Lowry](https://sms4smile.com/quotes/author/shane-lowry/) > [I don't think about the press or the crowds or the other leaders of the race. The focus is only on myself. As soon…](https://sms4smile.com/quotes/magdalena-neuner/i-don-t-think-about-the-press-or-the-crowds-or-the-other-leaders-of/) [Magdalena Neuner](https://sms4smile.com/quotes/author/magdalena-neuner/) > [Sport is not just about entertainment. It is equally about winning and losing, pooling and galvanising the energy of the youth, upgrading people's physical…](https://sms4smile.com/quotes/nita-ambani/sport-is-not-just-about-entertainment-it-is-equally-about-winning-and/) [Nita Ambani](https://sms4smile.com/quotes/author/nita-ambani/) > [One of the ways that I discovered my confidence and my ability to overpower is becoming a mother. Suddenly, my world wasn't about myself…](https://sms4smile.com/quotes/lights/one-of-the-ways-that-i-discovered-my-confidence-and-my-ability-to/) [Lights](https://sms4smile.com/quotes/author/lights/) > [I didn't want to do 'Fashion Police' because I thought, 'This is stupid, this is beneath me, who wants to talk about fashion?' It…](https://sms4smile.com/quotes/joan-rivers/i-didn-t-want-to-do-fashion-police-because-i-thought-this-is-stupid/) [Joan Rivers](https://sms4smile.com/quotes/author/joan-rivers/) > [I just worried about my weight. Worried about my appearance and thought I wan't pretty enough to be a pop star. It was very…](https://sms4smile.com/quotes/judith-durham/i-just-worried-about-my-weight-worried-about-my-appearance-and/) [Judith Durham](https://sms4smile.com/quotes/author/judith-durham/) > [I read a couple of books about neuroscience and the relationship between the mind and the body.](https://sms4smile.com/quotes/joel-kinnaman/i-read-a-couple-of-books-about-neuroscience-and-the-relationship/) [Joel Kinnaman](https://sms4smile.com/quotes/author/joel-kinnaman/) > [There are a lot of kids out there copying and distributing movies - not because they care about seeing the movies or sharing them…](https://sms4smile.com/quotes/john-perry-barlow/there-are-a-lot-of-kids-out-there-copying-and-distributing-movies-not/) [John Perry Barlow](https://sms4smile.com/quotes/author/john-perry-barlow/) > [I have no physical genius about me. I can't dribble a ball and run at the same time, I can't do lay-ups - I'm…](https://sms4smile.com/quotes/rich-mullins/i-have-no-physical-genius-about-me-i-can-t-dribble-a-ball-and-run-at/) [Rich Mullins](https://sms4smile.com/quotes/author/rich-mullins/) Browse all 26,122 About quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "As of 2011, it cost about $5,000 to launch a tech startup.", "creator": { "@type": "Person", "name": "Peter Diamandis" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/peter-diamandis/as-of-2011-it-cost-about-5-000-to-launch-a-tech-startup/", "about": { "@type": "Thing", "name": "About" }, "@id": "https://sms4smile.com/quotes/peter-diamandis/as-of-2011-it-cost-about-5-000-to-launch-a-tech-startup/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png", "contentUrl": "https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png", "url": "https://sms4smile.com/quotes/i/bd1/peter-diamandis-1516_about_as-of-2011-it-cost-about-5-000-to-launch_2694276.png", "width": 1080, "height": 1080, "caption": "“As of 2011, it cost about $5,000 to launch a tech startup.” — Peter Diamandis", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Peter Diamandis", "item": "https://sms4smile.com/quotes/author/peter-diamandis/" }, { "@type": "ListItem", "position": 4, "name": "As of 2011, it cost about...", "item": "https://sms4smile.com/quotes/peter-diamandis/as-of-2011-it-cost-about-5-000-to-launch-a-tech-startup/" } ], "@id": "https://sms4smile.com/quotes/peter-diamandis/as-of-2011-it-cost-about-5-000-to-launch-a-tech-startup/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```