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by rasz_pl 4054 days ago
Let me guess - whole business idea is this iphone app. There are three non technical "thinking" founders counting on you delivering them the product. After all idea is the most precious thing, on the other hand delivering working product based on this idea is simple menial mexican with a shovel work, why would they pay you even a standard market rate :)))

Skip equity, charge them flat 60-100K for the app, they do have seed money to burn. Let them fail on their own.
1 comments
onetwofifth 4054 days ago
They made me sign an NDA before even talking. They claim to not be aware of a competitor app based from France which has significant user base. They didn't make it known to me when I asked them of competitors, only to vaguely say "they remember hearing of it" after I mentioned it ( http://www.tvshowtime.com/en ).

2 business persons and 1 creative/marketing. None of them technical. All of them have highly paid day jobs as high ups in a big (really big) company. They are trying to hire people who quit or were laid off from such big company. All they talk about is having a big enough sell price so they can quit their jobs, only the creative truly thinks about the product.

I agree, they seemed to have fallen on their lie of then not having money. They want a contractor to build an app I should probably charge as a contractor.

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fsk 4053 days ago
When startup founders ask for an NDA before talking to you, that's another red flag.

So they have another full-time job, and they're doing this on the side without full-time effort? You're the startup's only full-time employee?

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onetwofifth 4053 days ago
Without full time effort correct. They have demanding day jobs.

First full time employee. They are hiring a server side dev, UX, Design and QA.

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fsk 4053 days ago
So they're financing it out of the money they earn in their regular job?

It sounds like they have a startup hobby rather than taking it seriously.

It sounds like a dead-end to me. They're going to blow through 3-12 months worth of expenses, realize they have nothing to show for it, decide to stop wasting their money, and shut it down.

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