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We already have the first version of the app ready and the founders have been talking to customers, but not as much as I expected. Hiring engineers is a bit dif
by adamfaliq 8y ago
We already have the first version of the app ready and the founders have been talking to customers, but not as much as I expected. Hiring engineers is a bit difficult since we are not making any revenue yet. The only option is to give equity, I suppose.
- brixon 8y agoSee #2. Your non-technical team has to manage this issue.
- smileysteve 8y ago> Hiring engineers is a bit difficult since we are not making any revenue yet. The only option is to give equity, I suppose. Give up equity to raise money to hire and scale. Otherwise, raise money preselling the product to scale the company, but this likely chains you to customers that you may find later would be better with their own consultants. And if this means you're not getting paid, 20% (or 50%) of 0 and $12k opportunity cost is $144k/year investment