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People who work on their own startups on evenings and weekends aren't generally considered to be taking a very large risk. People who'd do contracting for equit
by gfodor 13y ago
People who work on their own startups on evenings and weekends aren't generally considered to be taking a very large risk. People who'd do contracting for equity in other startups where there is already some traction likely less so since there is more likelihood of those startups being successful.
Also your post implies you are looking to do this for multiple startups. Not only does this kind of send a bad message that you'd not be that invested in a company you literally owned, but it also reduces your risk profile since you are trying to "diversify."
- monkeymeister 13y agoYes, this is a valid point. It will require management and careful planning on my side. By many pies, this will initially probably be around 1-2 maybe 3 projects, and I do have a lot of time / flexitime from work. If this begins to get traction, I would consider making this more of a full time thing.
- ahk 13y agoDon't startup advisors like Tim Ferris do basically the same thing? Advice/market/time for a small amount of equity? The only difference here seems to be that it's developer skills instead.
- thesis 13y agoThe only difference between this guy and Tim Ferris is developer skills?
- austinl 13y agoAdvisors should provide connections to get your business to the next stage. Whether that means helping you land a Series A or getting you intros to business partners, it's typically worth a lot more than dev skills - which is why they can justify taking equity.