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Well there is much more to do than coding... They should be doing sales and marketing and other stuff. If they're doing nothing, that's a bad sign
by elcomet 5y ago
Well there is much more to do than coding...
They should be doing sales and marketing and other stuff. If they're doing nothing, that's a bad sign
- ryandrake 5y agoEven that's lopsided. Assuming the idea is purely software (no hardware manufacturing involved), then the vast majority of the actual work is to make the product. I would not accept a 50/50 split where he "has the idea" and I do the software. I wouldn't even accept a 50/50 split if the Idea Partner also does a little sales and marketing. I would maybe accept 50/50 if the Idea Partner also provided all the capital. Now we're talking...
- MajorBee 5y agoIf your "ideas man" has fully committed to doing all the sales/marketing and the dance of raising capital, leaving you to work on the product, I think that's a very fair division of labour. After all, a finished product is almost as worthless as an unexecuted idea if no one ever actually purchases or uses said product. I say almost because, in theory, your product could have enough "obvious" value on its own that you could just sell it to another company and exit comfortably.
- dequor 5y agoBut now they are taking all the risk and it would make sense to just pay you a salary and keep the 100%