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anotherguy
searching PlanetScale…
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4 ms
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by
anotherguy
18y ago
27.7% interest rates. Holy shit :-) But that's america I guess. The richer get richer by exploiting the poor. There should be laws on the maximal interest rate!
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by
anotherguy
18y ago
He said a 65:35 deal was ok for him. If it turns out we are going in different directions, I think I'm going to have a big head start on him. Business idea 1 is undoable for him. Business idea 2 will be possible to do for him, as the softw
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by
anotherguy
18y ago
There is definitely market potential, as the current approach is very manual, errorprone and not in time and our solution will save the customer lot's of time (which means money). I would say it's more complicated to sell a car to a custome
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by
anotherguy
18y ago
At first I proposed a 90:10 offer with options to reach 35% but he didn't agree with that. The current plan (to take away his shares if he doesn't meet his goals) doens't differ much from this though.
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by
anotherguy
18y ago
I earned twice as much as him when I was working and quit my job and didn't earn a salary for 3 months. These 3 months alone are worth more than he is investing. The sum we both invest should be sufficent to get the company running for at l
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by
anotherguy
18y ago
That's very interesting. A friend also had a similar idea. My friend/cofounder would be working as freelance under my company and get a percentange of the revenues he generates (maybe 30%). If a certain goal is met, he would have the option
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Ask HN: Fair share deal between me and my cofounder
10 points
by
anotherguy
18y ago
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16 comments