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Invest in a small tech firm from a country where labour is cheap. India. Ukraine. Philippines. $50,000 = annual salary of 3-4 employee team. Get them to ma
by ankeshk 17y ago
Invest in a small tech firm from a country where labour is cheap. India. Ukraine. Philippines.
$50,000 = annual salary of 3-4 employee team.
Get them to make iphone apps, android apps, facebook games.
If you go with a 4 people team, the division should be: 3 developers and 1 marketer. And one of them handles everything for a bit higher salary and a very small equity stake.
If you had $100,000-$200,000 to invest, I would get the team to flip websites. You buy the websites (with the remaining $50,000 to $150,000). They make it better with new features / redesign etc and then increase traffic to it for 4-6 months. You then re-sell the websites.
In this instance, I would go with: 2 developers and 2 marketers.