New answers tagged strategy
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Derek,
I run ContractIQ - A marketplace where startups discover elite outsourced product development teams. So I am up close to the issue you've at hand.
There is a very small niche of dev shops that are run by entrepreneurs who have done product startups (or) products over and over. They understand customer development intuitively and the trade-offs ...
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Basically you are asking what business model you should apply. I can tell you that the TV ad-model does not translate well into internet. With TV, people are passively watching and the ads are the basis to build brand-awareness whilst the brain is in the beta-snooze state so that when you wander down the supermarket aisle and try to pick something from the ...
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There are different forms of protection. Copyright covers the expression, but not the idea. Given that 50% of the coding effort is in the javascript (which can be effectively downloaded anyway through the browser) the question should be ask, does the effort of preventing (whether technical measures, obfuscation, etc) infringement worth it? In other words, is ...
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Derek, Outsourcing to keep initial costs down is OK in most cases, especially if technology is not the core of your business model. If technology is critical to your business model, investors would like to see that you can attract the required lead technical person to drive the engineering for you. You can still use outsourced programming team for the ...
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At the end of the day, the investor just wants his money back with profit. That's it. Everything else is just the investor's way of predicting whether that's gonna happen or not. Yes, traditionally investors are hesitant to invest in teams without a tech co-founder. And their reasoning is valid: You're a tech company and there isn't one person on your ...
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I heard a good analogy once talking about kids and nannies and how that relates to software products. Outsourcing your software development is like hiring a nanny to raise your children. Sure they will "care", but ultimately they are just kind of doing what you want them to do and babysitting your child, making sure they aren't getting in to trouble and ...
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There are no rules for what a VC or Angel will invest in. They make a judgement call about your business and your team. Some that outsource the MVP will get funding, some that build the MVP inhouse will get funding.
You mention traction, they will care a lot more about that than who built the MVP.
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If you're able to validate a business model with an outsourced MVP then I think that most investors aren't going to care that it was outsourced. However, I doubt that you can outsource the creative process that goes into creating an MVP that demonstrates a business model.
If you were hired as a contractor to build an MVP, how would you feel working for a ...
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