Compare that with Paypal! Paypal is great for quick and easy implementation - but at the end you pay a lot more..
6 karma · joined August 13, 2010
Compare that with Paypal! Paypal is great for quick and easy implementation - but at the end you pay a lot more..
Sure, it lacks some of the old school all-night hacking in a small office. But now we are more flexible on work patterns and everyone is more productive.
I got the idea from the (highly successfull) startup Automattic. Have a look at their office: http://automattic.com/map/
2) Not at all. But you need seasoned developers.
3) Our platform runs mostly in Java. So far good performance.
But if you are a skilled professional you should calculate "opportunity costs":
If you could get a job with 250k payment and you pay yourself only 50k - you are theoretically loosing 200k a year.
If the same startup generates 200k of profit for the first year and you own 50% if it you are still loosing 100k.
Then again if this startup could be sold right now for 500k - your up 150k.
Next step would be probabilities:
If you have no offer on the table but there is a 80% chance your startup could be sold for 1m, calculate with 800k. And stop adding this extra value if your exit probability is low.
Money will be made by offering extra storage and some company features. But you will always be able to use the free account. So any person you want to share data with will be able to access it without paying a cent.