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I keep getting “offers” of 10% equity to literally program the whole product that doesn’t even exist yet. Startup bros want 90% to send emails. The crazy thing

• arcturus17 4y ago
  The only programmers taking these offers are at the bottom of the barrel in either skill or self-confidence, I’m afraid.
  • motoxpro 4y ago
    Ironically, the programming is the easy part. It’s figuring out what to program that is hard.
    • arcturus17 4y ago
      The business bros offering 10% to their CTO are probably also lousy product managers too, and know very little about what to build anyway.
• WastingMyTime89 4y ago
  > Startup bros want 90% to send emails. While 10% is obviously low for what amounts to being a cofounder, I invite you to start a startup with just a product and see how far it goes. You might change your mind on the “just sending email” part.
  • arcturus17 4y ago
    Yes that is a bad take. Biz dev, product management and fundraising are arguably more important than engineering in a startup - except in a few edge cases, the latter is the most commoditized function, as critical as it is. I think 10% could be a decent share for a CTO even at ~seed if the CEO brings great access to capital and users, and outstanding product management instincts. The problem is that this is seldom the case. What I see most often at pre-seed is a CEO that brings a product idea that is all in their own head (and not in the users’), zero idea or instincts on real product management and little else.