[zavulon]

This is a message on NY Tech meetup mailing list, from about a half hour ago. All I could do is shake my head.

_____________

I am seeking a telephony app. builder that can deliver a PhoneGap lie ( non-native) inexpensive app. for a telephony project.

pay is:

$350 + 1% equity stake in a newly formed Delaware Corp. and 2.5% on all residuals. possible board seat (future paid projects)

if you can deliver an additional investor, you can get 5% of the transaction on the capital raised through you contact.

[funkyboy]

This is the worst I have seen. In the past I have been proposed around 1000$ but this wins, hands down! The world is getting crowded of last minute entrepreneurs...

[yummyfajitas]

There are far worse. If you live in NY, you've surely run into Eric Leebow of FreezeCrowd:

http://nationaljobs.washingtonpost.com/a/all-jobs/list/q-fre...

http://www.youtube.com/watch?v=dQx_pJyyyxc

"Unpaid iPad Intern wanted to build a facebook killer."

[ootachi]

The depressing thing is that I suspect someone will actually take him up on his "offer".

Isn't that pretty much illegal anyhow? Unpaid interns are not supposed to actually create products.

Edit: It almost certainly is; part of the conditions for unpaid internships are that "the employer that provides the training derives no immediate advantage from the activities of the trainees, and on occasion the employer’s operations may actually be impeded", and this is clearly false in his case. In other words, that job posting is not only immoral, but illegal.

[funkyboy]

Ok, now the worst should be that you have to build the app AND to pay to build it. I will post an ad like that somewhere, to see how it goes.

[leviathan]

At least he is willing to pay some kind of fixed fee. I just got out of a meeting where the client was offering that I do the app for free in exchange of 20% of in-app purchases profit.

[kls]

Even at 7hr which I believe is the minimum wage that is 50 hours worth of funding. A light week for most developers, a person should be offended to even post something like that. The app will take longer than a week and 1% is a insignificant sum. At that kind of compensation I would be looking for more than 50%, because well, I can work on my own idea and forgo the worse than minimum wage compensation and keep 100% of my idea.

[marknutter]

> I am seeking a telephony app. builder that can deliver a PhoneGap lie ( non-native) inexpensive app. for a telephony project.

Emphasis on "phony"