EverTrue: Mobile Technology Development (A)

  • Reference: HBS-813122-E

  • Year: 2009

  • Number of pages: 25

  • Geographic Setting: India;Massachusetts

  • Publication Date: Jan 23, 2013

  • Fecha de edición: Feb 15, 2013

  • Source: HBSP (USA)

  • Type of Document: Case

  • Industry Setting: Information technology consulting services;Property management;Real estate, rental & leasing;Consulting services

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Description

Brent Grinna is evaluating different options for the technology development of his start-up's iPhone app, including hiring local programmers, finding a CTO, or outsourcing. He only has a little over two months before he presents his alumni networking app to Brown University, in the hope that they will adopt it and fund his company, EverTrue. He lacks the technical knowledge necessary to make the prototype himself, and so has to quickly decide on the best option. He is considering multiple ways to find a developer, including hiring a local programmer or making use of a local app-development company; using an outsourcing platform like oDesk; contracting with Dashfire, a friend's company that charges low fees for product development in exchange for equity; or finding and hiring a CTO or technical co-founder. Grinna must weigh issues like cost, speed of development, equity retention, proximity and ease of collaboration, and control of intellectual property. The case further provides an opportunity for discussing the business models of global firms like oDesk and Dashfire.

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Keywords

Analytics Decision making Entrepreneurs Entrepreneurship Globalization Intellectual property International business Job outsourcing Outsourcing Product development Products Start-ups Technology