4 ms·
>> I've been burnt multiple times by this. I've similarly had so many technical friends burnt by this. My new suggestion for "business co-founders" pitching i
by TuringNYC 3y ago
>> I've been burnt multiple times by this.
I've similarly had so many technical friends burnt by this.
My new suggestion for "business co-founders" pitching ideas to technical friends where "business co-founders" propose techies do all the upfront work is --
If you have no Purchase Orders, no Funding, no Transact-able Relationships, no prior wins (esp publicly verifiable wins) -- then you put in money. Find some reasonable rate you pay for the upfront technical work. This "balances out" the skin in the game. If they have no money, i'd half-seriously suggest they go borrow money to pay the technical co-founder.
They need some risk, some skin in the game to make this an equal effort.