| I'm a developer and have helped bootstrap a couple of SaaS. The problem is that in most partnerships like this, the other person can usually only offer ideas or something very minimal with regards to the success of the business. I usually end up just doing everything myself. Unless you offer something besides just the idea (money, contacts, industry experience). The partnership will not work. I've had to quit a few startups over the years myself because my co-founder ended up only offering some ideas. This starts to become a perceived manager->employee relationship (since as the developer, you are doing the majority of the work) and because the idea is their only contribution, it's a problem when it needs to be changed. This also smacks of someone that loves the romanticized idea of running a startup, but isn't willing to actually put the work into it. Now, I will only go into business with other people that have at least a couple of years of business experience. |
If the other person in the proposed partnership cannot demonstrate equivalent-value skills and equivalent previous success in critical-to-the-business areas where I'm weak (or uninterested) like sales, marketing, biz-dev, enterprise sales, acquiring VC - then my answer is almost certainly going to be "Sure, $8k/month is my usual rate - discounts of 20% for 3 month or longer block bookings. When would youy like me to start?"
If the other person refers to themselves as "An ideas guy!", my rates double, and require 50% up front.
Software development is serious time consuming and often difficult work. Do not ask me to do it for less than market rate without making it very clear that you are going to work just as hard with equivalent skill and experience to make the idea succeed.