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two have cratered, two are in the process of "working-out" and look promising if slow. one happens to be my own pet-project of many years, so i am the equity.
by fallen 18y ago
two have cratered, two are in the process of "working-out" and look promising if slow. one happens to be my own pet-project of many years, so i am the equity. never been screwed. you?
- tptacek 18y agoI've done it once, as a favor. It went nowhere.
- fallen 18y agoI think (from having tried it) that doing it as "a favor" isn't going to make the cut. One of the reasons my first two fail is that our team simply didn't have the dedication and wasn't able to find the sheer hour count to sink into the project. I think one thing a lot of people on the thread are expressing is that if you want to join an equity project, you want to give it your all, because otherwise its not going to work out for you. And if you "all" is being rewarded with piddly equity (not founder status, not CTO), then ... well, you just aren't interested or aren't really going to give anywhere as near as much as you could. The other crater was for other reasons.