Financing a Software Startup

http://www.it-outsourcing-china.hyveup.tv/2009/07/financing-a-software-startup/

by queensnake • 17 years ago

9 3 17 years ago

it-outsourcing-china.hyveup.tv

patio11• 17 years ago

Remember, getting only 80% of the first version of an application is getting nothing!

I prefer to think of it as having already achieved 80% of version 1.2. (If you are happy with the first shipping version of software, you waited too long. Cut the scope, get something in the hands of paying customers, and start getting feedback. And money. But mostly feedback.)

Plus, if you do it inhouse, that 80% might actually work. (If I sound grumpy about outsourcing it is only because it is code review day at the day job...)

hwijaya• 17 years ago

The thing that i don't like about outsourcing is that it loses that brainstorming-creativity of the team.

From experience, outsourcing is good for work that don't require innovation (populating content etc). If you're startup though, you're pretty much unknown problem looking for unknown solution and that's when u want to keep the team close together and everyone cares about "doing the hard thinking".

satyajit• 17 years ago

I personally think the outsourcing is quite ineffective for a startup. Early on, the companies (usually few founders/hackers) go through a lot of design discussions, architecture, feature prioritization, whiteboarding - do you think that kind of synergy is possible with outsourced model? I don't!

Financing a Software Startup

Related Stories