4 ms·

How about $1600 a month + 5% for 6 months instead? Sounds like that would be a better deal for both parties.

brandnewlow 18y ago
max. If that's the way forward, then I'm open to an arrangement like that. My first concern with that though, is that it sounds like an employee, not a co-founder. I've been working on a project as a solo founder for about 5 months now, and not having anyone else to turn to when I'm out of gas is just brutal. My worry would be that an arrangment like this would create a hired gun mentality. I'm not looking for an employee to supervise. I'm looking for someone with skills that compliment my own to lean on as we explore an opportunity.
- maxklein 18y ago
  The problem you are facing is that if you find anyone, this person is not motivated by a burning passion for your idea, whatever it is, but for financial gain. You are partnering with someone who is motivated by money, but who does not have any ideas of his own. In my opinion, this is an inherently risky co-founder. What if a better opportunity comes along? What happens when times get tough? You can only found a company with someone who either completely believes in the idea and who will stick with the idea when times get tough, or someone who is secure and will do the work, and hopes for a payout in the end, but for whom the payout is not important. The middle-road - cofounding with someone who just cares about the financial aspect of it, is a very risky thing. You'll lose the person quickly. In any case, you have an idea, and you have a concept. When you co-found with someone, who makes the final decision? What happens when there is a disagreement and the other guy decides to fork your project? It's not that easy to co-found.
  - brandnewlow 18y ago
    This is very helpful, useful stuff. As I said, I'm open to discussing arrangements like this, whatever will make the most sense. Ideally I'd find someone who's also passionate about the project and not just potential payout, of course, but we'll see where things lead. Let me know if you're interested.

max. If that's the way forward, then I'm open to an arrangement like that. My first concern with that though, is that it sounds like an employee, not a co-founder. I've been working on a project as a solo founder for about 5 months now, and not having anyone else to turn to when I'm out of gas is just brutal. My worry would be that an arrangment like this would create a hired gun mentality. I'm not looking for an employee to supervise. I'm looking for someone with skills that compliment my own to lean on as we explore an opportunity.

maxklein 18y ago
The problem you are facing is that if you find anyone, this person is not motivated by a burning passion for your idea, whatever it is, but for financial gain. You are partnering with someone who is motivated by money, but who does not have any ideas of his own. In my opinion, this is an inherently risky co-founder. What if a better opportunity comes along? What happens when times get tough? You can only found a company with someone who either completely believes in the idea and who will stick with the idea when times get tough, or someone who is secure and will do the work, and hopes for a payout in the end, but for whom the payout is not important. The middle-road - cofounding with someone who just cares about the financial aspect of it, is a very risky thing. You'll lose the person quickly. In any case, you have an idea, and you have a concept. When you co-found with someone, who makes the final decision? What happens when there is a disagreement and the other guy decides to fork your project? It's not that easy to co-found.
- brandnewlow 18y ago
  This is very helpful, useful stuff. As I said, I'm open to discussing arrangements like this, whatever will make the most sense. Ideally I'd find someone who's also passionate about the project and not just potential payout, of course, but we'll see where things lead. Let me know if you're interested.