4 ms·
75% equity in a company with a product no one knows about, or 30% equity in a company everyone uses?
by dmor 14y ago
75% equity in a company with a product no one knows about, or 30% equity in a company everyone uses?
- jquery 14y agoBy the time everyone is using it, it's too late to be a co-founder and 30% equity is certainly out the window.
- dmor 14y agoYou're right, and by that point they don't need a technical cofounder, they just hire an engineer as an employee. Getting work with people who can actually reliably acquire customers is as valuable as getting to work with someone who can reliably write code. http://www.daniellemorrill.com/2010/09/startup-marketing-2nd-class-citizen-2nd-rate-results/ http://www.daniellemorrill.com/2010/09/startup-marketing-2nd...
- jquery 14y agoIs it? Of the most highly traffic'd sites, the vast majority have technical founders: Facebook, Google, YouTube, Amazon, Apple, Microsoft, Yahoo, Twitter. I'm not saying marketing isn't valuable, but it seems neither necessary nor sufficient.
- dmor 14y agoI'm not saying it's mutually exclusive, and having a CS or other engineering degree is neither necessary nor sufficient to create a company.
- waterhouse 14y agoI think dmor's implication is that if you start a company with no non-technical cofounders, you'll be much less likely to gain so many users than if you started it with some non-technical cofounders. Feel free to argue about that. I will sit back.