3 ms·
It depends on how technically involved their product is. If you've developed it in a few months then probably (hard to say without knowing your skill level) the
by 0x12 15y ago
It depends on how technically involved their product is. If you've developed it in a few months then probably (hard to say without knowing your skill level) the 3% is ok, but may not be worth your time if you think their chances of success are still low.
If it is very technically complex and you have them over a barrel I'd go for something more substantial if you think their chances of success warrant it.
- tway314 15y agoI mostly answered this in another reply below, but ill rephrase it here. The product is technically very challenging. I would never say no one else could pull it off, but the reason why they initially reached out to me for the contract was because of my tech skill set. Im the creator of a few open source tools used by well over 10,000 projects and this startup directly relates to these. I sort of hinted at my skill level, but its 10+ years professionally, typically in a lead role.
- 0x12 15y agoSo tighten those thumbscrews and make sure you get an iron clad shareholders agreement including tag along clauses.