Should I Use a Dev Shop? - Michael Seibel

Summary

Using a development shop to build your startup can be a risky decision, as it often takes longer and costs more money. The solution built may not solve the problem, requiring more iterations and funds. Early stage investors care more about your ability to build and iterate quickly than what you have built. Recruiting a technical co-founder can help avoid this trap and save costs.

Building your startup with a development shop can lead to delays and increased costs.
The solution built may not effectively solve the problem, requiring additional iterations and funding.
Early stage investors prioritize your ability to build and iterate quickly over the specific product.
Recruiting a technical co-founder can help avoid the pitfalls of relying solely on a development shop.
Having a technical co-founder allows for faster product releases, iteration based on customer feedback, and increased productivity with less time and money.

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