You may or may not know that I’m working on two startups right now. The first launched today: EstiMike, a simple and straightforward way for estimating the price of a home.
What’s interesting is how these startups are getting built. I created EstiMike working all alone. I negotiated a contract with my data provider, I hired an artist to develop the mascot, and I coded the website. With just a small investment, I think I have created a pretty useful tool.
Now compare this with other websites that provide real estate information. According to CrunchBase, Zillow received $87 million in funding; Roost recently received $13.5 million.
Now, these sites are far more ambitious than my simple EstiMike site. But my point is that it doesn’t require an large staff and millions of dollars to create a useful website. It can still be created by one guy with an idea.