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Lately I have come across the stories of two different sites that have launched. The first was theknot.com and the second was a site similar to Youtube, but for skating videos (don't remember the site). The founders of the theknot borrowed millions to launch, the second, the guys were going through VCs to fund- and it sounded like the were trying to borrow around the same.
My questions are:
1. How much money should one have to launch a site?
2. What determines the cost, (especially if there is no tangible product involved)?
3. Is it possible to develop a site that would service a lot of people on a shoestring budget? ...Did Craigslist and Ebay start off with millions to launch?
Thank you for your time!
My questions are:
1. How much money should one have to launch a site?
2. What determines the cost, (especially if there is no tangible product involved)?
3. Is it possible to develop a site that would service a lot of people on a shoestring budget? ...Did Craigslist and Ebay start off with millions to launch?
Thank you for your time!
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