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To be fair, it’s ridiculously cheap to start something right now. Even 8-9 years ago, you only needed low six figures to jumpstart something. Now? I am pretty s
by lvl102 5y ago
To be fair, it’s ridiculously cheap to start something right now. Even 8-9 years ago, you only needed low six figures to jumpstart something. Now? I am pretty sure the biggest hurdle is opportunity cost for founders not the actual funding needs. This is referring to mostly SaaS of course.
- ryanSrich 5y agoThe only real cost is time for building a SaaS company. You can pretty much get by without paying for anything. Granted, buying the premium versions of certain products makes life a lot easier, but it's by no means required. Of course, as you launch, you'll likely have to pay for some server cost, but even then, you'll most likely be covered by credits for the first year. For B2B SaaS, your first big costs are going to be advertising. Even just running ads against your own company name is a few hundred per month with Google. At that point though hopefully you're generating enough revenue from a few customers to cover the cost.