I've done quite a bit of research, but was hoping on getting feedback from actual people that are familiar with the process. So my buddy and I want to launch a mobile app, the concept is not new there are apps with the same idea out there, but we just added our twist to it so it could tap into a niche market place that we have a good deal of knowledge in and necessary marketing tools to gain traction.
None of us have any familiarity with app development, but we were able to build the wire-frames for the app and have a good idea on the features we need available on it. We have talked to a developer, but the price that was estimated was way, way higher than we had in mind.
His recommendation was to present the idea to a lawyer that would be interested in the idea, offer him equity in the company and from there, the lawyer will put together all the necessary paperwork to reel in investors to raise money. We aren't too sure on how common this process is, and if it is the best route to take? Or would it be better to try and raise money through investors by cutting the lawyer out of the equation? How feasible is this with an app that has no proof of concept yet because we can't launch a viable version without the necessary funds?
Or, we've looked into websites like alakazamapps. Is anyone familiar with these sites? and would this be the best way to get a minimum viable version of the app out there just as a proof of concept? Are there big downsides to using these kinds of sites? It is a lot to read, but basically would like to know the best route to take on raising funds for an app to start the development process?
None of us have any familiarity with app development, but we were able to build the wire-frames for the app and have a good idea on the features we need available on it. We have talked to a developer, but the price that was estimated was way, way higher than we had in mind.
His recommendation was to present the idea to a lawyer that would be interested in the idea, offer him equity in the company and from there, the lawyer will put together all the necessary paperwork to reel in investors to raise money. We aren't too sure on how common this process is, and if it is the best route to take? Or would it be better to try and raise money through investors by cutting the lawyer out of the equation? How feasible is this with an app that has no proof of concept yet because we can't launch a viable version without the necessary funds?
Or, we've looked into websites like alakazamapps. Is anyone familiar with these sites? and would this be the best way to get a minimum viable version of the app out there just as a proof of concept? Are there big downsides to using these kinds of sites? It is a lot to read, but basically would like to know the best route to take on raising funds for an app to start the development process?
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