Yesterday we published a list of the top 10 web sites of 1998. When those sites were tops on the web, starting an Internet business was a pricey proposition. Times have changed, and it no longer takes millions or even hundreds of thousands of dollars to launch most web applications. It still takes some time, and money though, so below is a list of 5 ways you can raise money to fund your web startup.

There are some people who argue that the growing number of small, seed fund startup incubators out there are a raw deal for the young entrepreneurs they attract. They argue that the programs, like Y Combinator and TechStars, take too much equity in exchange for such a small cash investment (generally 5-10% for between $10,000 and $30,000 depending on the program). But we disagree.

In addition to enough cash that you can afford to work full-time on building your prototype for a few months (especially if you’re young and frugal), these programs generally offer invaluable access to advice and mentoring from brilliant minds who have su