| Over the course of a few years, I've easily spent more than $500k on the iOS + watchOS engineering alone. (Keep in mind that I started from a clean slate, there have been multiple iterations of UI/UX evolution, lots of iOS and 3rd party integrations to implement and troubleshoot, etc. (More on that below.) To round out the figures, let's ballpark another $300-$350k on server + platform engineering, $80k on media + data + content acquisition, and then the inescapable overhead of the business itself (accounting, legal, etc.) Contract rates I'm used to paying for solid iOS engineers have been anywhere in the range of $80-$120 per hour (big discrepancy based on where they're based and whether or not I'm working direct or through an agency), so $50k would have bought me about 10 weeks of sustained effort on the high end of that range. That's probably about where I was at when we finished the first working proof of concept with a designer + iOS developer. Since then, for better or for worse, I can confidently say that I've spent more than another $50k just on "iOS debugging time". Probably more. Lots of things to build out just in iOS land itself that can be more time consuming than they first seem for anyone who is interested: - HealthKit integration
- Location Services integration
- WorkoutKit integration
- WatchKit integration and implementing your own bidirectional comms between iOS and watchOS
- Multiple AWS integrations (namely, Cognito and S3 but there are various Lambdas gluing things together and many, many more bits and pieces like CloudFront, Route53, etc.)
- Custom in-app camera (and large file off loading to the cloud)
- APNs
- async I/O to/from our own server APIs And more, those are just the easy ones to remember :) It's been one hell of an adventure in iOS engineering land to say the least, and we haven't even begun to talk about things on the server side like data modeling. There's some really interesting stuff there as well, but that's for another thread ;) |
Seems like you have the product figured out and just need to focus iterating on marketing. I'm actually in a similar position to you but having spent $400K instead of $1M.
I'd like to ask you, what were some factors that propelled you to self rationalize your method of going to market, that in hindsight turned out to be detrimental? Or in other words, what would you do if you were to go back in time and start over? Look, I know that's a painful question to answer since we can't turn back time, but I am asking it for the sake of educating others and for the potential benefits that stem from self reflection.
Appreciate your opening up on this. Thank you.