You want to build the Next Big Thing. And you have a pretty good idea how it should work, look & feel. Great, now it’s time to find a dev team to build your MVP. But how much should your MVP cost? A freelancer will tell you it should cost $5,000 to $15,000. An experienced CTO will tell you it should cost between $50,000 and $150,000. Which one is right? Are they even talking about the same thing? No, they’re not!
SPOILER: it will cost you $50k to develop a Twitter MVP, $100k for an Instagram, $500k for a Facebook and $1M for an Uber. US dollars when hiring a US dev team.