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No, I am sorry but as a developer you are the product, look at it this way, you can focus your development time on your own idea for free and retain 100% owners
by kls 16y ago
No, I am sorry but as a developer you are the product, look at it this way, you can focus your development time on your own idea for free and retain 100% ownership. I never understood why developers accept 10% for building the whole thing, when they could work on their own ideas. I understand the need for someone who can sell, but it has been by experience that if you have a working product you can find someone to sell it, you only need someone who can sell, when you have something to sell.
Now in saying that there is value in finding a co-founder that has domain knowledge of the market you are targeting and if they can sell great, I personally would not go into a "I develop the whole thing" arrangement without at least 30% and 50% if there are only two of us. Anything less than that and they have to start ponying up a salary, it is just not enough equity to take the risk, when I can go build something myself with that time spent.
As well it sounds like you are dealing with people that feel that there is value in ideas. It has been my experience that those individuals (and their lack of experience, in start-ups) can feel like they did all the work they need to in coming up with the idea. This can create a sour environment where you feel like you are doing all the work.
- magic_johnson 16y agoYou've expressed much of my concern here, however, to add I wouldn't be responsible for building the entire app. In terms of coding my role would be limited to frontend dev. I'd also probably help make some decisions on app architecture and of course share my own ideas to in helping to shape the app as we're dealing with pretty loose specs.
- kls 16y agoto add I wouldn't be responsible for building the entire app That does change it a bit, but you should still be in for or close to an even share if no one is going to pony up cash. You are taking the same risk as the rest of them.
- deleted 16y ago[deleted]
- kls 16y agoNo my assumption is that for free, I can build something on my own and retain 100% of the value. Which is a better deal than they are offering.