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At core, I'm looking for people that want to come and go. At essence, if there was an upwork for equity, then I'd use that. As an example, I'd post a task "wri
by mathgladiator 4y ago
At core, I'm looking for people that want to come and go. At essence, if there was an upwork for equity, then I'd use that.
As an example, I'd post a task "write a language tool to automate generating the code and tests for the type system" and offer 100 shares. Is it the end of the world if the task doesn't get done, no. Is it marginal? probably. However, is it a neat problem, yeah!
- dagw 4y agoThe core problem that I see is that I have no idea what "100 shares" in your startup even means on practical level and no way of realistically valuing them. Even if I'm happy in principal to work for equity, without getting a lawyer and an accountant involved I'd kind of have to assume that the dollar value of those 100 shares is zero, and act accordingly.
- mathgladiator 4y ago> I'd kind of have to assume that the dollar value of those 100 shares is zero, and act accordingly. Exactly, I want people more interested in the art rather than the finances. However, once I get some profit generated, the model I want to pursue is that every month the profit from the company is distributed.