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I, personally, would be willing to put in 20+ hours a week on a project for equity alone (no salary, ever), as long as I knew somebody from the business side wa
by tjr 11y ago
I, personally, would be willing to put in 20+ hours a week on a project for equity alone (no salary, ever), as long as I knew somebody from the business side was invested mentally and monetarily in it, and I imagine there are a lot of other folks like me out there.
Without making an express commitment (either in general or to 20 hours weekly), I too would be interested in donating at least some hours of work in exchange for equity, however tiny.
Interesting concept. How might such an equity employment pool be set up? I'm imagining that a part-time equity worker could either be devoted to a single startup, or could select tasks from some sort of cross-company todo list. (E.g., one person might be especially good at Task X, and does that for a bunch of companies.)
- mangeletti 11y agoThere is actually a website where you can perform such tasks on a number of projects (I can't remember the name of it for the life of me). It did a great job of turning outsourcing into a communal thing, and it did a good job at dividing labor, but it wasn't ideal for somebody like me who wants to work really hard and focus really hard on one project that I can get to know from the inside out, and have a really meaningful share (e.g., 25%) in it. In this website's (the one I can't remember the name of) case, the company owns all projects on the website, and the "founders" and workers only get essentially profit-sharing "equity".
- samhoggnz 11y agoI think you're referring to https://assembly.com/ https://assembly.com/
- mangeletti 11y agoIndeed, thanks.
- polquaser 11y agoPosting on here is also a good idea! Someone else might informally have a great idea and want to hook you in. Perhaps you could add something in your profile that lists what you do and how one might contact you?
- alain94040 11y agoI launched such a website circa 2008. While a lot of people fantasize about working on a startup on the side, most actually cave because they don't like ideas from anyone else than themselves. Basically, motivation is hard to get if you are not 100% a believer in the vision. So shopping for other people's visions usually fails.