2 responses

  1. Matthew Evans
    January 17, 2013

    Its an interesting topic. Personally I would prefer to give 50% of the company for someone else to simply build the MVP assming of course they would make a decent co-founder.

    If you’re an entrepreneur you’ll have ideas dripping out of you so the opportunity to get a few to MVP cheaply is attractive. Even if its a hefty lump of equity.

  2. benfwirtz
    January 19, 2013

    Nice analysis, especially the link to HackFwd which is indeed very similar, but the guys are still filtering and investing more.

    Fore some people, it’s certainly worth considering. If you don’t have any commercial skills, it might be a worth doing for small side projects which are not meant to be super scalable companies, but can bring in tens of thousands per year (e.g. the Coderstack job board – simple, niche, profitable).

    It’s much better than the proposal I had on the table once from a potential co-founder. $300k investment were coming in, and this guy wanted to become my technical co-founder for 10% non-dilutable equity plus a salary of $100,000 per year :D

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