4 ms·
This is so awesome: https://feeltrain.com/blog/hello-feel-train/ https://feeltrain.com/blog/hello-feel-train/ I've had the same ideas over the last few years,
by nathan_f77 10y ago
This is so awesome: https://feeltrain.com/blog/hello-feel-train/ https://feeltrain.com/blog/hello-feel-train/
I've had the same ideas over the last few years, even the hard limit on the number of people. It sounds like they are just doing some paid consulting work and sharing profits. But what I would like to do, is that everyone only works around 10 hours per week on consulting work, and we spend the rest of the time working on our own app or website ideas. Then we could share in all the risk / reward. So it would be like a self-funding startup incubator. And if we came up with a couple of things that were really successful, then everyone could just retire, or at least switch to "maintenance mode" where we only release bugfixes and minor updates. No need to take over the world, I would just love to have a few little apps bringing in some passive income.
I guess that's the tricky part though.. what happens if someone wants to leave? Do they keep some shares and continue to share profits, or do they have to give up everything? I couldn't find anything in the linked operating agreement.
- andreareina 10y agoThey're a consulting shop, so it would be natural to say that people who leave don't share in the future profits. For your idea where considerable income is expected to come from past work, I'd say it makes more sense to have ownership of the app assigned to an ad-hoc company that owns just the app, owned by the people there at the time the app was written. The coöp might take a hand in marketing the app and performing other administrativa, in which case it would collect a fee from each sale. App_1_Co is owned by A, B, C, D and owns App_1. App_2_Co is owned by A, C, E, F and owns App_2. Coöp_Co is owned by C, E, F, G and sells App_1 and App_2 (taking a 10% cut) as well as providing consulting services.
- bisRepetita 10y agoInteresting ideas. One challenge is when App 1 needs an update, F and G doing some of the work. Or when App 1 becomes a building block of App 3.