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Tried it half a dozen times. Only works when I'm the entrepreneur. I learned that you should never bet on people whose main goal is financial freedom. If someo
by muzani 5y ago
Tried it half a dozen times. Only works when I'm the entrepreneur.
I learned that you should never bet on people whose main goal is financial freedom. If someone does it because they're trying to solve a problem, or improving lives, or because it's fun, that's fine. All those clients are still active.
The gold rushers all died. The people who wanted to get their faces in newspapers eventually died. Some have a lot more money and take longer to die. Some were rich when they started, but money didn't give them recognition, so they tried to make a startup. The startup was never there to make money, it's there to make themselves and their companies look cool.
Also I got some nice code out of these contracts. If you want to do something for cheap, the best deal IMO is being able to test new tech in production. Most of them don't care about the tech, and the equity deal is just insurance.