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I used crowd sourcing for lack of a better term. Anyone doing work on the project would be an employee under a pre-specified profit sharing plan. Profit distr
by Elite 16y ago
I used crowd sourcing for lack of a better term. Anyone doing work on the project would be an employee under a pre-specified profit sharing plan. Profit distribution may be regularly adjusted based on contribution to product development or sales.
The reason I didn't use "open-source" is because the product would be proprietary. The product code would not be open, but be property of the company, which the employees collectively own.
- michael_dorfman 16y agoSo, let me see if I understand this. You want to develop a closed-source, proprietary piece of software. You'll hire large numbers of developers, and instead of paying them in cash, you'll offer them profit under a profit-sharing plan. Is that it? If so, it seems to me that the overhead involved (in finding and retaining developers) would offer little advantage over just hiring people outright, one at a time, as you need them.
- coryl 16y agoSounds like a regular old business to me. Pay based on profit / performance = stock options and commissions Contributors = employees At some point the existing employees will say, "Dude why do we need more open source contributors, we're making enough money, lets just do it ourselves."