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Re:Kawasaki: How I wasted $12,107 on Truemors by antirez on Tuesday June 05, 2007 @12:01PM (#26465)
It's strange to meter the base cost spending $1k for domain name registration... and more than $4k in legal stuff. The base cost is mostly zero in the real world as the founders should be able to write code instead to buy it, create a basic logo with inkscape (http://www.inkscape.org) in few minutes and get a cheap hosting somewhere.

A VC with a working mind can learn this without spending $12k ;)

Wasn't Ycombinator itself enough of a proof?

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