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> The need has really been driven by the VCs Do you really need VC money? I mean really need it. Most projects I've come across can be bootstrapped. > they al
by al1x 13y ago
> The need has really been driven by the VCs
Do you really need VC money? I mean really need it. Most projects I've come across can be bootstrapped.
> they all insist on it
Did you counter them with "I have 3 contractors at my disposal on-call, round-the-clock"?
> I can't afford to hire someone on good money
£30k is a lot of money. Nearly $50,000 USD. How much do you have left? How much are you paying your Russian developer? (too much, I'd bet). $50,000 is 5 developers salaries, full-time, from India, for a year.
> I'd rather find someone who is passionate about the idea and with whom I could work well.
If that's the direction you want to take it, I wish you all the best of luck. I personally would go a different route.
> I am working with a great contractor.
It's entirely plausible that a business run by 1 technical contractor will fall apart (life happens... I've had contractors break contract several times due to personal issues that arose). It is, however, much less likely that a business run by 5, competent, well managed developers will fall apart.
Just sharing what's worked for me. Best of luck whichever direction you go.
- Major_Grooves 13y agoThanks for comments. No I don't really need VC money. I need more money, but I'm pretty sure I can crowd-source it again via Seedrs. £30k is a lot but not that much... I had to pay for non-tech stuff too. My Russian dev is very good value compared to hiring in Europe. I'd really rather have one top-notch guy than 5 ok guys. The quality of dev so far has been 1st class.
- al1x 13y ago> I'd really rather have one top-notch guy than 5 ok guys 1. Your one top-notch guy who getting in a car crash would put your business on hold for months until you could find a replacement. My 5 "ok" guys are fault tolerant, providing constant development regardless of what life throws at them. 2. My 2 developers aren't just "ok", they're rock stars. 1st class all the way. I pay them $5/hr. Don't underestimate India or the Philippines because they're low cost. Don't overestimate the difficulty of programming. It may seem hard to you but to someone who knows how to program it's incredibly simple. To a fluent developer, writing code is like writing an essay.