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Chunky- I suggest you continue to give them status updates on a regular basis, but gradually drift off to be working on your own project. By May or so, you sho
by e1ven 15y ago
Chunky- I suggest you continue to give them status updates on a regular basis, but gradually drift off to be working on your own project.
By May or so, you should be ready to find a cofounder (Choose someone with some money, that you trust), and release a your own project, which is very similar (but not legally identical) to their idea.
After you get some initial traction, take off, and move to Silicon Valley, but leave your new co-founder behind. Maybe send him off to run the sales division in NY.
In SV, meet up with some charismatic bigshot (Preferably someone who had their own company before) to gain some publicity. Use him for intros to VCs. It's OK to party with him a bit.
When your Cofounder later comes to SV, dilute his shares to the point of basically kicking him out of the company.
Don't be surprised if the bigshot gets busted for drugs at a party at this point. He is Charismatic, after is.
At this point, you'll want to be careful- You're about to have some lawsuits.. Your Co-founder will sue you, as will the two college guys you're working for now.. But don't worry, your company is now on the road to success, and soon you'll be on the cover of TIME.
- chunky1994 15y agoHahaha, this is brilliant! :) well there's nothing I'd like to do more than that, but seeing that I don't even have a college degree (and I'm not in NY) that would be really really really hard to accomplish. Yet, I probably will start working on a similar project like you suggested.(Although I have no intention of screwing over two harvard twins by stealing their idea)
- deleted 15y ago[deleted]
- chunky1994 15y agoYes, I did get that, hence my comment.
- e1ven 15y agoIf I were to give you real advice, it'd be to keep working on it, if you're enjoying it, or you think you can get it done soonish. They're not going to want to go with a whole new team unless you're very very behind, since they'd have to train them up. But don't expect a payout from these guys. They're likely not to go anywhere, and you're playing "agressively" by taking so long. So.. Do it if you enjoy it.