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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. Now, the fully bootstrapped company is turning 60% of its demos into paid customers and hitting $2.5 million in revenue a year. . Pixlee spent $40k on their MVP.

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. Now, the fully bootstrapped company is turning 60% of its demos into paid customers and hitting $2.5 million in revenue a year. . Pixlee spent $40k on their MVP.