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Startups On The Cheap

When Todd Luttinger co-founded Videré Conferencing about five years ago, there was little cash for fancy offices, furniture and office equipment. Some creativity was called for.

Luttinger knew a fellow videoconferencing company had recently been acquired and was downsizing some offices and closing others. He located the facilities person and was able to snag all the excess furniture and equipment–for free.

Videré sublet office space from an Indian software company and rented its Nortel phone system on a monthly basis. "It was no money down and no long-term commitment," said Luttinger. "The best part was they credited us on our rentals when we eventually purchased a PBX (private branch exchange telephone system)."

Tom Taulli

Full Story: http://www.forbes.com/columnists/2006/02/15/startup-entrepreneur-google-cx_tt_0215straightup.html?partner=moreover

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