Re:How long can you survive on bootstrapping?
by arohner on Friday July 10, 2009 @12:13PM
(#697871)
> It was an experiment to get some sort of quick market validation
Market validation is once you have the data to say "customers in demographic X will pay Y dollars for this app, I will make a margin of Z percent, and there Q customers willing to pay."
Unless you can survive on your free version (which it sounds like you can't), you haven't validated the market yet. Find the price point where you are profitable (and people will pay!)
Market validation is once you have the data to say "customers in demographic X will pay Y dollars for this app, I will make a margin of Z percent, and there Q customers willing to pay."
Unless you can survive on your free version (which it sounds like you can't), you haven't validated the market yet. Find the price point where you are profitable (and people will pay!)