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I think he did it to find out what the base cost of a web startup is.

You're being very charitable.

he may have learned less than he realizes. What he's learned is what it takes to make a prototype. Most of the work comes after that

Right, and it'll give him the wrong impression going forward.

Imagine being funded by him and having him complain to you that your site cost more than $12k to build.

That's one VC to avoid in the future.





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