This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It provides the freedom to partner with entrepreneurs and reduce the costs of agency work in exchange for equity in their startup. This allows the studio to retain a larger stake in internally funded startups and gain equity in other startups through partnerships. Agencies Need Well-Defined Procedures for Startup Development.
This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get? This is an area that varies widely and can significantly impact how much equity a technical cofounder receives (if they take more salary).
The presentation was on outsourcing generally, not just softwareengineering and the audience was very early stage companies (some yet to be founded). For example, you can barter for a service or you can negotiate payment terms or even equity for service. To that I say baloney. Even without cash you have many ways to outsource.
He argued that softwareengineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Michael’s second problem comes from holding softwareengineers to an unprecedented standard of business savviness: Most softwareengineers aren’t business people.
Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a softwareengineer who works for no cash - to help me build my dream website. You may get a softwareengineer to start something for you, but they wont stick with the project when it gets difficult.
Someone who is egotistical enough to call themselves a rockstar, yet humble enough not to want 99% of the equity? I do disagree about two other points: First, this isn't the "quora rockstar engineer" perspective. It's my perspective as well and I'm not a softwareengineer let alone a rockstar.
Weve built Sandcastle specifically for an entrepreneur with an idea, who is not a developer. Sandcastle is a softwaredevelopment service for entrepreneurs. Nothing essential that I disagree with you in your post, but when read by other people with minimal softwareengineering experience, they can have too high expectations.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content