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How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. The MVP took around four months to build, during which time the company earned no revenue. They then spent the first year qualifying the product and testing out their revenue model.

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SXSW Startups: Knowbella

Austin Startup

They will initially generate crowdsourcing revenues by matchmaking science, technology, engineering and math (STEM) researchers with government, academia and industry employers who pay to access the scientists seeking employment. We will also seek first-mover STEM recruiting customers in order to generate revenues.

article thumbnail

How Much Do SaaS Companies Spend on Their MVPs?

ConversionXL

For this article, we asked 14 SaaS CEOs a simple question: “How much did you spend on your MVP before you had your first dollar of revenue?”. The MVP took around four months to build, during which time the company earned no revenue. They then spent the first year qualifying the product and testing out their revenue model.