Does anyone know of a good way to find investors in a new app? We are wanting to build an app to help people find profitable short-term rental properties. The barrier to entry is high due to pricy API access, but this could be extremely lucrative if we get it going! Just don't know where to start!
Most of the investing for apps seems to come from VCs. From the little bit I know from reading about start-ups, it is very tough to break into that ring without some help or knowing people in the industry. Are y'all building the app from scratch yourself or outsourcing the project?
@Cody Lewis my husband is building it. He has 10+ years of experience as a software engineer. He's a total wizard and can build it no problem. It's just getting access to the data that were struggling with. We've been quoted $7500/month minimum! 😳
Is it 7500/month just to access the data or is that when pull request are being made by the users? Apps are usually "if you build it they will come" type solutions. Hopefully the juice is worth the squeeze.
@Cody Lewis it's a flat rate for access to the data. No additional cost per pull for that set of data. There is for another data set we would need. Hopefully it would take off and pay for itself, but it's hard to take that big of a plunge without being able to "test the waters" first.
Thanks for your insights!