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A comment on Tech co-founder sought for ambitious consumer web startup. Parent comment

Re:Tech co-founder sought for ambitious consumer web startup by rick888 on Saturday December 25, 2010 @09:55PM (#2039906)
"Maybe the idea will interest someone, maybe someone here was thinking about the same thing but never got it started. It is what it is. What do you find "wrong" with his posting, maybe it will help clarify your criticism?"

If I'm going to toil away on a project for NO PAY (which is a huge risk), it better damn well be for a huge chunk of the profits.

I have been around many business types and have seen developers put their hard work into something with little or no payoff.

My hunch is that he offers 5% or less, which is a joke.

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Re:Tech co-founder sought for ambitious consumer web startup by dshankar on Saturday December 25, 2010 @11:03PM (#2039974)
Why put down a fair post with useless comments on a "hunch that he offers 5% or less"?
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Re:Tech co-founder sought for ambitious consumer web startup by rick888 on Saturday December 25, 2010 @11:23PM (#2039999)
"Why put down a fair post with useless comments on a "hunch that he offers 5% or less"?"

Because he already stated that the co-founder gets no salary. He never mentioned the actual percentage, so it's a fair assumption.

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Re:Tech co-founder sought for ambitious consumer web startup by dshankar on Saturday December 25, 2010 @11:29PM (#2040006)
Read OP: "But I 100% understand the value of a tech co-founder, and am not looking to be stingy with equity. I know I can't make it succeed on my own."

Not mentioning exact equity, how do you assume 5%!?!?

It is very common for cofounders at an early-stage startup to take no salary.

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Re:Tech co-founder sought for ambitious consumer web startup by amorphid on Sunday December 26, 2010 @03:02AM (#2040298)
If you wouldn't do it for free, you aren't the right person for this project. Don't bash the guy for being upfront. His road is tough enough.
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