The JOBS Act and subsequent legislation significantly changed the early-stage funding ecosystem, making it easier for startups to raise money and for more people to become investors.

Three major changes in startup financing over the years are the structure of fundraising documents, easier access to these documents online, and a greater focus on minimizing the time spent on fundraising.

The startup climate today is significantly better than in the past, with lower costs for starting a company and more investors willing to take risks.

The cost to start companies has decreased significantly over time, making it easier for entrepreneurs to launch new ventures.

In the mid to late 2000s, more capital became available for early-stage startups, making it easier to start a company.

The cost of starting a company has decreased significantly, allowing startups to avoid raising large sums just to get off the ground, making the old financing methods less relevant.

Founders are now able to raise seed funding with significantly less dilution, often around 10% or even less, compared to the historical average of 25-35%.

The rise of convertible notes from 2005 to 2009 allowed startups to raise funds faster as the cost to start a company decreased.

The availability of capital for startups has increased, leading to more companies being founded and more people trying to make a difference in the world.