2 ms·
This is basically a 'poker' business deal, there is risk to it, some bluffing, and you hold most if not all of the chips. I got for the 'chess' business deal,
by orionblastar 14y ago
This is basically a 'poker' business deal, there is risk to it, some bluffing, and you hold most if not all of the chips.
I got for the 'chess' business deal, strategy, tactics, planning, thinking ahead of the competition, sacrificing time and pieces to advance that pawn or take key pieces and then win the game. No bluffing, just out-thinking and studying book moves. Chess in 12 dimensions actually.
- jacquesm 14y agoI don't see the risk. Other than that for me $5K is not nearly enough to cover for two months of my time the deal is actually quite good (I value that 50% at exactly nothing as you can see). If the OP is worth his salt in the marketing game is the big variable, he believes he is good enough to warrant a $8K outlay, more than half of which goes to his co-founder to cover their time. I've seen people study chess book moves for half a lifetime and still not be able to play a half decent game of chess. All I have to do to throw them off is play (1) b2-b4 - 50% of an MVP + cash to cover for your time + a co-founder to boot + $3K in marketing budget for your MVP is not a bad deal by many standards, and if you end up not liking the deal you can take your toys and go home and the OP is the loser. He's betting that it works, not betting that he can screw you over.
- brudgers 14y agoPoker or chess, it doesn't matter. They are both adversarial contests over a finite pie. What makes YC successful is baking pies.