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I would have assumed the "hard part" would be funding in such a structure, since you're not going to be able to operate at the desired level of autonomy with in
by phtrivier 6y ago
I would have assumed the "hard part" would be funding in such a structure, since you're not going to be able to operate at the desired level of autonomy with investors, and you're probably not going to sustain yourself without a product to sell - which would be at odd with "working mostly on internal products" as opposed to "selling something that the market wants".
I'm probably missing something here.
- nrmitchi 6y agoMy understanding is that most organizations that operate this way start off effectively as a consultancy. They do paid work for others in order to fund day-to-day operations, and support work on the projects that they "own" (want to do personally). Once you get enough smaller projects off the ground, with enough income/MRR to support the business, you can start focussing full time on internal product development (and drop the consulting)
- phtrivier 6y agoI have mixed expérience with this kind of company (even as private ones) where the consultancy part sucks the time and life of everyone, before - if you're lucky - some of the customer becomes dependant on your work enough that they buy you. But it's just my experience, I'm sure others managed to build companies out of side projects.
- walshemj 6y agoFunding is a problem for tech COOPS its what killed poptel