Bangalore: Young entrepreneurs always have the urge to start more and more companies with the excellent idea backing they possess, but it is really not easy to have an office set up for every idea they carry. These days there are many co working spaces available for budding entrepreneurs to achieve their dream of building a startup and these young businessmen are taking living lean to a whole new level.

Startups during their early stages only look to spare funds for their business and these businessmen are increasingly bunking up with each other to avoid paying money on rents and office spaces, by living and working under one roof or flocking into off-price hostels.

‘Hacker Hostels’ became famous after a recent article on New York Times, it is a place where young techies sleep in bunk beds and write codes in common areas. At Airbnb rooms are listed for $42 and $128 per night for aspiring entrepreneurs to collectively write the best code and this can slowly make a chance for entrepreneurs to enter the Silicon Valley.

Blackbox Mansion is a communal live/work space for startup founders in Atherton, California. The founder of this place, Fadi Bishara says that most of the entrepreneurs who visit this house are between the age group of 25 to 27, and he also says that 95 percent of the guests are from outside U.S.

Blackbox mansion also organizes two week accelerator program for non US startups called ‘The Blackbox Connect’. "We help them establish a presence in the U.S. and connect them with the resources and venture capitalists to establish a branch of their company here” says Bishara.

Such programs become more useful for budding entrepreneurs as they get a chance to meet various other programmers and businessmen and exchange their creative ideas. The entire process becomes easier because a home environment becomes more intimate than that of an office space.