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I had a similar situation once. A friend who was a minor celebrity was supposed to secure some participants for an app idea. We were friends so we didn't make a
by oceanghost 8y ago
I had a similar situation once. A friend who was a minor celebrity was supposed to secure some participants for an app idea. We were friends so we didn't make any arrangements upfront (huge mistake).
Come 6 months later, I'd written most of the platform, and he had put in zero effort. He then sent me a contract offering me a generous 10% of the business which also stated I agreed to work without compensation on the idea for 5 years.
I ran. As should you. Your idea is over. Take your code and go home. This individual does not have the ability to implement the idea, so it is dead without you in any event.
The world is full of these vampires. People who don't value the work we do. People who think merely having an idea is more important than being able to bring it to fruition. Has this individual offered to pay you? What was he supposed to contribute? And for god's sake why would you agree to any of this?
- davinciceb 8y agoIn theory, he's going to be doing all of our business development, applying to accelerators and investors, market research, marketing, SEO/SEM, etc. The problem is that he didn't want to do any of this until we have a platform up and running already, and so far all he's been doing is just meeting with his friends who know a lot about marketing and business development and learning from them about these topics. Meanwhile, I've been coding the platform the whole time. Theoretically, if we had been aligned the entire time, I would be fine with this, because once I've finished a beta version of the platform I can sit back and relax and let him do all the BizDev/Marketing work. Unfortunately, we lost our alignment on what each of us wants to do with the platform, so I'm leaving now.
- zer00eyz 8y agoYour friend has no clue what they are doing. SEO, SEM, and reputation marketing has to start, well yesterday. If he isn't putting up blog posts and developing your venture as one populated by experts it isn't going to get very far.