June 1st 2020
Hiring talented software developers is a huge expense for business, even more so when the development has to be fast and for a startup. Many new companies in the US and Europe don’t have the budget to pay for full-time developers, with this they must look outside of the local talent pool.
Startups often rely on speed to get the product or service developed and into the users hands, with this the fastest way to have the software outsourced.
We have put together a list of 8 startups that used this fast way of development and have had great success:
Upwork is the platform used by millions of clients and freelancers to complete projects. The company gets a percentage of all tasks taking revenues to over $500 million in 2019. The platform was built by a team of contractors from outside the company. Upwork was able to take advantage of the freelancers on it’s own platform to grow exponentially and complete all the software development.
4. Seat Compare
Which SeatGeek initially started off as a comparison website, it quickly developed into a platform to buy and sell seats. The company used outsource development and freelancers since it started to now become number one in the secondary ticket market as well as the primary market. The development of the website was completed at a fast speed and low cost meaning they had a bigger budget for marketing.
As from the above examples, outsourcing development to freelance developers has great benefits. Being quick to the market allows you to validate ideas meaning that you can don’t spend entire budgets before knowing if consumers want your product or service. If you want your startup to succeed it is important to plan and execute simultaneously.