Question #1: If you had an influx of investment capital into a web startup and wanted to be sure to spend the money wisely (Technology department) what would you spend it on? It's not a done deal, but this would be a multi-million dollar influx of capital into our project.
Question #2: What are the questions you would ask yourself to assess the scenarios, or are there any good "rule of thumb" formulas out there?
Question #3: the initial word is approx. 15% would go to Technology dept. Does this sound like a reasonable allocation given that this is a web startup?
PS. Please don't ask specific questions about the identity of the startup. I would prefer you pose your questions or comments to the thread as hypotheticals.
I'm fairly frugal by nature, but when I see something I have to have, and understand the value, I'm not shy about pulling the trigger.
