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There’s a famous saying for this kind of thing: “Pay peanuts you get monkeys.“ No one, and I mean no one worth a damn would agree to an arrangement like this.
by vikingcaffiene 8y ago
There’s a famous saying for this kind of thing: “Pay peanuts you get monkeys.“
No one, and I mean no one worth a damn would agree to an arrangement like this. Equity is worth less than nothing until it isn’t. And it will be years until that payday actually occurs if it ever comes. If your idea is good you can get funding for it. Make a deck. Raise some cash. Hire people.