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I am currently working full-time remotely on the MVP of an interesting start-up. I get paid relatively low fees and some equity (the discussions are on). I am d
by Arun2009 13y ago
I am currently working full-time remotely on the MVP of an interesting start-up. I get paid relatively low fees and some equity (the discussions are on). I am doing this because I like being in 100% control of the development process and deeply involved with the creation of the product itself. It's a great learning opportunity that can come in handy when you get around to working on your own product someday.
- UweSchmidt 13y agoThose equity discussions... why not finalize those asap? Your negotiation power dimishes as the product nears completion, as success is becoming more likely and as other people are coming in and contribute.
- Arun2009 13y agoIt's just that I don't intend to stay with this project after the MVP stage, and don't want further commitment. Insisting on equity will make things complicated.
- evolve2k 13y agoAnyone taking on similar work, eg just plans to do the initial MVP work but lines up a standard equity stake as part of their contract? I've heard of deals where say I discount my rate by X in exchange for Y% equity. Would love some rule of thumb numbers of what X and Y are.