curioustechie

3 ms·

1. 1.▲
   by curioustechie 17y ago

   Sorry, I was being overly cagey. As you correctly point out, the business has no customers. Wouldn't it be a less risky proposition if it had commitments from potential high-value customers? (N.B. I said "less risky", not "risk-free".)
2. 2.▲
   by curioustechie 17y ago

   > As I can see there is no software and no revenue/customers. Wouldn't changing one of those "no"s to "n potential" make the venture less risky?
3. 3.▲
   by curioustechie 17y ago

   Thanks for pointing out this option, it's one I hadn't fully thought through. Could you explain what about the scenario makes you say that Alice sounds like a first employee rather than a co-founder?
4. 4.▲
   Ask HN: What equity percentage for a co-founder joining after de-risking?

   5 points by curioustechie 17y ago|15 comments