Is The Cloud Boosting The Startup Economy?

Many startups in the past three years have said that they would not have been successful if it weren’t for cloud computing, which enabled them to create an IT infrastructure to support their operations without taking a bite out of their precious capital. Unlike in the boom years around 2000, startups are conserving capital rather than spending on lavish launch parties, prestigious office space and Aeron chairs. Instead, the new breed of startup focuses on the basics that will make the business successful in the long run.…