5 ms·

$25k per month for outsourced development team (10+ experienced people, Canada/US based), three full-time employees (Canada), office space, phones, and at a pre

• ant5 16y ago
  Holy crap. Pre-launch, so no revenue stream? $25k across 13+ people, plus office space? If you split the 25k evenly, that would be $1.9k each, or a yearly salary of roughly $23k. What kind of developers are you able to hire for that paltry sum? In SF -- We spend $30k/month on salary/benefits/taxes for 4 people (not including rent and other expenses), and even then we're paying below market rate. Our other expenses, including rent, add up to $4k, and we try to sock away at least another $10-15k every month. Of course, this also isn't a "burn" rate. We've worked hard to build a business the old-fashioned way -- by making money with which to pay ourselves.
  • tyrelb 16y ago
    Members of the development team come "on and off" during the process. We kept IA in-house to ensure specs and continuity - we aren't locked into any vendor / supplier should we want to switch and bring all development in-house. Office space is $1,700 - this is up in Vancouver, BC. Again, a bombed-out economy lends itself to finding deals. I cannot go into the level of developers, but I can say some are presenters at tech conferences, attend the tech conferences, and have built startups before. Again, we manage costs by bringing on people at the right time, for the right amount of time.