Understanding Changes in the Software & Venture Capital Industries
Both Sides of the Table
JUNE 28, 2011
When I built my first company starting in 1999 it cost $2.5 million in team costs to code, launch, manage, market & sell our software. We paid 10% of the normal costs for the software and that money was for software support. A 90% disruption in cost spawns innovation – believe me.
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