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Depends on the startup business model. I work in the "enterprise space" and at my last company, and the one I am just starting this is our plan. We are actually
by smalldaddy 13y ago
Depends on the startup business model. I work in the "enterprise space" and at my last company, and the one I am just starting this is our plan. We are actually in discussion with two major enterprises who will help fund our initial development through NRE and invest.
This is possible since we are talking 5 figure sums, where the legal hurdles and time negotiating are worth it. IF the sums of money are small, this would not work.
- mindcrime 13y agowith two major enterprises who will help fund our initial development through NRE and invest. What is "NRE" in this context?
- mintplant 13y agoNon-recurring engineering: https://en.wikipedia.org/wiki/Non-recurring_engineering https://en.wikipedia.org/wiki/Non-recurring_engineering Basically, the one-time cost, time, and effort to develop something. Putting in funds so a product/service can exist in the first place.
- count 13y agoI think non-recurring expense?