How Much Do SaaS Companies Spend on Their MVPs?
ConversionXL
NOVEMBER 6, 2019
Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. Now, the fully bootstrapped company is turning 60% of its demos into paid customers and hitting $2.5 million in revenue a year. .
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