Select Page

Originally appeared on Quora.

In my experience, anywhere between 500 USD and 5 000 USD. As I have written in my latest blog post, most start-ups undervalue the power of money. That is to say, most think that 5 000 USD is a very little amount to get started, personally I think it can be stretched so far that it is almost too much.

You can read the blog here, where I also go through some ways of how to use the money efficiently: http://www.sarle.eu/post/2712135…

Depending on the service/solution you are aiming to provide, I would recommend either outsourcing the development on services such as Elance, Freelance, vWorker (Very good for finding developers).

That being said, a technical co-founder is of paramount importance to the company for a multitude of reasons. Therefore a better and possibly cheaper option would be to look for a technical (You are also less likely to get any serious funding without a good team), try to find a co-founder by using services such as:

http://foundrs.com/home
http://partnerup.com
http://techcofounder.com
http://startuplinkup.com
http://founderdating.com

You can also check out the following Quora questions:

What are some good ways to find technical co-founders in India?
Where is the best place to find a rockstar developer to bring an idea to life? <— a lot of resources in the top answer.