Well, anecdotally, I did. I built a minimum viable product as a 'side project'. I had money to run it for a year before I needed to monetize. It worked for me. It means I use 1/10th the number of machines/bandwidth of one of my competitors.
I agree though, in your circumstance it was probably the wrong approach.
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I suppose to put it another way, you almost certainly do not have the luxury of being able to build it yourself.
Well, anecdotally, I did. I built a minimum viable product as a 'side project'. I had money to run it for a year before I needed to monetize. It worked for me. It means I use 1/10th the number of machines/bandwidth of one of my competitors.
I agree though, in your circumstance it was probably the wrong approach.