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Should my startup hire an in-house tech team or outside firm to build my MVP?

Hyperspace Ventures

Mar 12 2023 · 1 min read

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The decision of whether to hire an in-house tech team or an outside development company for a startup depends on several factors, including:

  1. Budget: Hiring a senior in-house tech team can be expensive, as it requires salaries, benefits, and infrastructure costs. On the other hand, hiring an outside development company can be more cost-effective, as you can outsource the work on an as need basis.
  2. Expertise: If the startup requires specialized expertise that is not available in-house, hiring an outside development company may be a better option. An outside development company typically has a wider range of experience and can provide the necessary expertise to complete the project.
  3. Timeframe: If the startup needs to complete the project quickly, an outside development company may be a better option, as they can dedicate a larger team to work on the project and complete it within a shorter timeframe.

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Article last updated: Mar 12 2023

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