|
|
|
|
|
|
by angryasian
5424 days ago
|
|
|
as a founder and an engineer.. you are being naive. You know how many times we hear, "I have a billion dollar idea, all i need is 1% of xxx market". Yes we all hope our startups will be successful, but in the end engineers and designers have to look out for our own best interests, as the odds are stacked against you and more than likely you will fail. While your idea has some social proof ( http://www.maven.co/knowledge-marketplace , http://www.liveperson.com/experts ) , its very hard to convince people your idea is good.. especially if its an extremely new idea, and second hard to hire the best at lower than market value, especially if you are a first time founder with no experience raising funding ( the TC article does you no help either). You should see if he would be willing to contract with you, while allowing him to work another job and possibly give him equity incentives along with pay. |
|
|
I totally agreed that it would not be fair to ask other people to take as much risk as founders. It is all about structure it and get the balance.
Yes, we are not getting him full time. He is going to have another job in parallel. Hopefully, we could work with him 1-2 days a week to start with, and compensate his highly discounted rate the other way.