article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company. The company started bringing in revenue in 2012. The company wrote its first line of code for their MVP at the end of 2012.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

Gadea leveraged his connections in Silicon Valley to seed viral distribution of the product, which, in turn, generated the revenue to hire engineers and scale the company. The company started bringing in revenue in 2012. The company wrote its first line of code for their MVP at the end of 2012.