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Yes and no. Remember, good programmers always work with good entrepreneurs. If you have money, you'll find a programmer. If you don't have any funding, why prog
by RomanPushkin 8y ago
Yes and no. Remember, good programmers always work with good entrepreneurs. If you have money, you'll find a programmer. If you don't have any funding, why programmer should bother working with you? Show who you are by raising some funds for MVP. Most programmers will be happy if you raised only $10K for their MVP, because often they work on their own MVPs without any funding (and not interested in other folks who can't provide any resources like cash, engineering time, etc).
If you "but I need MVP first so I'll be able to talk to investors", drop me a line roman.pushkin@gmail.com, I have MVP.
- scarface74 8y agoIn the US, after just taking into account Federal (24% more than likely) and FICA (15.3% including the employers side). $10K is only around $6000 after taxes and that doesn’t include state taxes. How many good developers would be willing to put work in for that amount? If I’m already making enough where I am already over the SS maximum and I wouldn’t pay the 12.4% on SS, the extra money is probably not worth my time.
- RomanPushkin 8y agoWell, for me (I am developer) it's important that my co-founder can raise money, can sell the product on the early stage. If it's possible, it gives motivation to code the product. So it's not about the money, but about motivation. I will have some sort of guarantee/confidence that when product is finished, at least we'll make few sales.
- scarface74 8y agoHe wasn’t offering to make the developer a cofounder or give them equity. He was just trying to hire someone. Sure if a new company was trying to get off the ground and they needed investors, I would be much more willing to invest my time for an equity stake than I would be to invest the equivalent amount of money to hire a good developer. But, a net of $6000 with no upside is not exciting to me I don’t even own the code so I could throw it out in a private [1] repo that I could use as part of my portfolio to show at an interview. [1] I wouldn’t just put it out in the open but I would want it to be something I could optionally give read access to show off my work.