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That in turn requires more capital. In addition, the competition for and the cost of hiring people, especially in the San Francisco Bay Area, has gone up dramatically. So while the infrastructure cost and startup costs may have declined, the operating costs have increased. more traction means it takes longer.
Posted by Stefano Bernardi On June - 21 - 2010 It’s a known fact that seedcapital is very scarce in Italy. Let’s break down their costs: Logo design: a simple contest on 99designs with a $300 prize. Developers are in Argentina, Ukraine and Russia. Total cost: $5000. Total cost: $100.
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