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Hi, I'm interested in your perspective on this. Could you elaborate as to how much is an acceptable amount to spend on an MVP and testing? $100k certainly sound
by Kequc 11y ago
Hi, I'm interested in your perspective on this. Could you elaborate as to how much is an acceptable amount to spend on an MVP and testing? $100k certainly sounds high but not altogether unreasonable considering there is a physical product and distribution.
- x1024 11y agoYou are not wrong about the "physical product and distribution" part, but the article says they paid $100K for web development alone.
- yaakovkarda 11y agoDidn't elaborate well — $100K were total expenses by the time of launch, but tech took more than production.
- nostrademons 11y agoIt's usually better to do your own MVP because the product of an MVP (for you, the entrepreneur) is learning, and when you pay someone else to do it, they get the learning.