If you pay the $10k then you've got to realise that's just the start. Once you iterate a few times, pivot and do marketing you could easily spend another $50k

If you pay the $10k then you've got to realise that's just the start. Once you iterate a few times, pivot and do marketing you could easily spend another $50k to try recoup your sunk costs and even then the chances are high that you will still fail.