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Counterpoint: my cofounder and I worked for free for the first year. By far, our largest costs were in product and advertising.
by diolpah 15y ago
Counterpoint: my cofounder and I worked for free for the first year. By far, our largest costs were in product and advertising.
- benologist 15y agoSure, before we raised money I was working for nothing for a bit over a year and we dropped some 20 grand on servers, equipment and conferences and whatnot. But you can't rely on free labor past yourselves and even amongst yourselves there's a limit.
- diolpah 15y agoOf course, but the question refers specifically to "early stage", which would presumably cover the year-ish of time during which many startups do have access to a free labor pool.
- benologist 15y agoIf you're talking really early stage before you have any funding ... all our money went to servers, food, and a couple conferences. I didn't really have a specific budget, I had rent or not heh.
- wallawe 15y agoYeah, that's more of what I was looking for. I've got several thousand dollars, and am about to quit my current job to go full with my current project. I want to make sure I spend money where it needs to be spent.