I guess I thought the cost of development would be higher than $128k, so it would be beneficial to the seller to use that as a metric.
One month of an average engineer's time costs an employer around $20k. Could one engineer recreate this product in 6 months working full-time? The maker of codetree probably has a really good idea of how long it takes. If the answer is yes, does the buyer have someone on hand to take this on? if not, you have to hire someone, that takes time. If you don't want to do that, contract it out at double the cost. Then at the end of the day you're now delayed however long it takes to finish the product plus maybe hiring time.
Codetree's initial blogpost says the developer took 6 months working part-time to launch the initial product. Supposing it could be done in 3 months working full-time to get to the latest iteration, cost to develop is $60k + 3 months + 1 engineer or $60k + 3 months + 3 month hiring process + 1 engineer(new hire) or $120k + 3 months + 1 contractor. Pulling an engineer off of a project also adds cost to the project they would have been on had they not left.
I would guess the effective cost of development is $120k + 3 months time, if you want to acquire the product instead, the question becomes how much money would you be willing to pay to have it now (plus negotiation time) instead of 3 months from now?
One month of an average engineer's time costs an employer around $20k. Could one engineer recreate this product in 6 months working full-time? The maker of codetree probably has a really good idea of how long it takes. If the answer is yes, does the buyer have someone on hand to take this on? if not, you have to hire someone, that takes time. If you don't want to do that, contract it out at double the cost. Then at the end of the day you're now delayed however long it takes to finish the product plus maybe hiring time.
Codetree's initial blogpost says the developer took 6 months working part-time to launch the initial product. Supposing it could be done in 3 months working full-time to get to the latest iteration, cost to develop is $60k + 3 months + 1 engineer or $60k + 3 months + 3 month hiring process + 1 engineer(new hire) or $120k + 3 months + 1 contractor. Pulling an engineer off of a project also adds cost to the project they would have been on had they not left.
I would guess the effective cost of development is $120k + 3 months time, if you want to acquire the product instead, the question becomes how much money would you be willing to pay to have it now (plus negotiation time) instead of 3 months from now?