Venkatesh Rao ☀️
@vgr
Straw poll: If you spend $100 on basic new product development effort, how much do you think is reasonable to spend on market development (including market research, promotion etc)? Don’t get hung up on boundary fuzziness or precise inventory of what goes in each bucket. Ballpark it…
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Sachin
@sach
probably the same amount although usually lot of tech founder led start ups kind of tack it on, spend may be 30-50%
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