Comments on: How much does it cost to start a tech company? http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/ Real software development Fri, 03 Feb 2012 10:34:42 +0000 hourly 1 http://wordpress.com/ By: Wyatt http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-786 Fri, 26 Feb 2010 18:42:54 +0000 http://blog.boxedice.com/?p=681#comment-786 As a developer who dreams of bootstrapping a business someday, this transparent account of the financial aspect of bootstrapping is invaluable to me. Thank you for sharing!

]]> By: David Mytton http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-783 Thu, 25 Feb 2010 20:28:40 +0000 http://blog.boxedice.com/?p=681#comment-783 Thanks :) Some ideas to consider for future blog posts.

]]> By: Matthew Lanham http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-781 Thu, 25 Feb 2010 19:11:31 +0000 http://blog.boxedice.com/?p=681#comment-781 You’ve created a real asset, it’s a fantastic tool, and before long you’ll no doubt be rolling in money, i’d love to hear more about how you started, the problems you faced and any big breaks you had.

]]> By: iamfromit http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-780 Wed, 24 Feb 2010 19:07:19 +0000 http://blog.boxedice.com/?p=681#comment-780 David,

Very insightful post. I can’t emphasize enough how much

>the best way to bootstrap is to have technical co-founders who can do everything you need (programming, design, graphics, etc) for equity and promise of an awesome future.

is the real message. Every great company that I would care to recall has been founded on this mindset, and having the vested determination of your own success or failure is what creates a truly inspiring product, often with an equally inspiring backstory.
Thanks for creating the service, and thanks for sharing your story.

-Jonathan

]]> By: David Mytton http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-777 Tue, 23 Feb 2010 11:01:56 +0000 http://blog.boxedice.com/?p=681#comment-777 We do all our design and development in house. My co-founder, Harry, is responsible for all design, frontend coding, UI and our iPhone app.

]]> By: Andrew http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-776 Tue, 23 Feb 2010 08:47:35 +0000 http://blog.boxedice.com/?p=681#comment-776 Hi David – I love the interface. Who’s your UI designer, or are you personally brilliant at everything? :-)

Still holding out for the ability to monitor any arbitrary thing (number of user logins per minute?), but I’m glad the service is going well.

]]> By: How much does it cost to start a tech company? - Viewsflow http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-773 Thu, 18 Feb 2010 20:49:53 +0000 http://blog.boxedice.com/?p=681#comment-773 [...] Start your own company spending as little as possible, either until you generate revenue from customers and/or you raise outside capital.Close [...]

]]> By: Gothy http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-767 Mon, 15 Feb 2010 22:32:04 +0000 http://blog.boxedice.com/?p=681#comment-767 Waiting for upcoming posts :)
Seedcamp’s prize is a great thing, but we’re in Ukraine and nothing like that is happening here. There are some investor meetings, startup camps and so on, but they are more .ru- and .ua- specific. All that social, shopping, gaming things and other creepy stuff like that is valuable. So it’s quite hard to reach potential customers\partners\investors from here.

Thanks again for sharing your experience :)

]]> By: David Mytton http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-766 Mon, 15 Feb 2010 22:15:35 +0000 http://blog.boxedice.com/?p=681#comment-766 Getting first customers/marketing is going to be an upcoming blog (maybe a short series). Lots of stuff to say and we’re still trying things.

Re: funding. We “won” the €50k seed investment from Seedcamp but haven’t taken any further funding (everything is done through revenues). The money was also not the reason we participated; it’s obviously a very useful thing to have but the contacts / publicity / reputation were perhaps more valuable.

]]> By: Gothy http://blog.boxedice.com/2010/02/15/how-much-does-it-cost-to-start-a-tech-company/#comment-765 Mon, 15 Feb 2010 21:47:23 +0000 http://blog.boxedice.com/?p=681#comment-765 You’re a great example of a bootstrap company :)
We’re bootstrapping too our little uptime monitoring service Monitorius, we’re not competitors, relax :D
Can you give any advices on advertising and getting first clients?
Where to find good\paying clients, how did you to promote your service? Was serverfault ads really useful?

You’re now VC funded as I understand, why not to stay bootstrapped, issues with revenue or it’s just a way to became big and solid? :)

Good luck! Stay inspired and inspiring! ;)

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