4 ms·
I would draw up a quote on how much you would charge for the work, submit that to him and say that you're open to discuss equity arrangements. Then you can mak
by lukevdp 16y ago
I would draw up a quote on how much you would charge for the work, submit that to him and say that you're open to discuss equity arrangements.
Then you can make a decision based on how much you want to risk.
Without knowing the whole situation, I personally would lean towards taking cash. Offers like this are a dime a dozen. If you want to work for equity, there's tons of people looking for a technical co-founder. I would reserve taking equity for situations where you play a more active part in the direction of the business.
- aamar 16y agoGood plan. I'd add that a mix of (vesting) equity and cash may be a good outcome of the discussion if you can spend a significant amount of time on the project for a while (1+ years). If you don't want to spend that kind of time on this, then the equity doesn't seem like a great idea.