4 ms·
US resident only / Europe / rest of the world ? Payment terms ? (upfront / milestones / finished) Future company as a delaware C/S-corp ?
by traxtech 14y ago
US resident only / Europe / rest of the world ?
Payment terms ? (upfront / milestones / finished)
Future company as a delaware C/S-corp ?
- hmexx 14y agoStill need to iron out the details but... World. Upfront will be small (possibly nil) to prevent time-wasters. We can agree milestones based on nature of project. Once code is flowing onto a shared repository for a couple days, I'll feel comfortable starting the money drip. C/S corp in Delaware sounds reasonable. A yet to be drafted, founder's agreement to be signed at project start also to protect both parties.
- deleted 14y ago[deleted]
- traxtech 14y agoGood. I still have 3-6 months of work to do for a customer, but after I'll get back to you if you still pursue this aventure.
- coecoventures 14y agoWhat about terms? Would your ownership be participating preferred? preferred? common? In other words, would all founders be diluted equally?
- aangjie 14y agoWorld, great... i have been having this idea running through my head for some time, but need to iron it out a little and do some research .. Am on a 3-6 month project here, will contact you after.