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Talking out his ass this guy: "You don't have a company" We literally do not know if he is incorporated, if there has been any sales. "You should be 50/50"
by TZubiri 2y ago
Talking out his ass this guy:
"You don't have a company"
We literally do not know if he is incorporated, if there has been any sales.
"You should be 50/50"
Bold claim. First of all, making any blank suggestions for equity without any info is already questionable. But also giving half equity to a late contributor is a blunder.
- x0x0 2y ago> have no paying users
- dandandan 2y agoThey’re not a “late contributor” if what they bring to the table is nonexistent today.
- meiraleal 2y agoIt is a MVP of 70-80k lines of well written code. If this is true and the app is good, he is ahead of 90% of even the projects accepted by YC which by the last ones I have see the github, it is nothing impressive at all, just React/NextJS.
- cpersona 2y agoI assume that YC is looking for people who have validated the market and have established that a market exists before sinking time and effort on the order of years into a product with no customers. Code is relatively easy against the task of meeting with customers and finding the right fit for your product. I say this as a coder who much more prefers the scratching of a technical itch to the thought of finding a customer who will pay.