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Re:Proposition HN: I will pay $8000 for you to build your si... by jacquesm on Thursday January 10, 2013 @03:47PM (#5039636)
I've taken substantially larger chances on some HN members, anonymous to me at the time and I think everybody came out ahead, sometimes even considerably ahead.

What you would do or not do is entirely besides the point.

If you don't think this is a valid proposition, then don't do it.

Who cares who the 'candidate' is, I'm sure that anybody that enters into this will want to know before they commit to two months work, at the same time I don't begrudge the OP his choice to be anonymous for the time being.

Being (in)famous can be an upside or a downside when making an offer like this.

There are a few toxic names in the start-up scene and I'm sure that google will be able to turn up enough red flags based on name alone in those cases.

Re:Proposition HN: I will pay $8000 for you to build your si... by orionblastar on Thursday January 10, 2013 @07:15PM (#5040599)
This is basically a 'poker' business deal, there is risk to it, some bluffing, and you hold most if not all of the chips.

I got for the 'chess' business deal, strategy, tactics, planning, thinking ahead of the competition, sacrificing time and pieces to advance that pawn or take key pieces and then win the game. No bluffing, just out-thinking and studying book moves. Chess in 12 dimensions actually.

Re:Proposition HN: I will pay $8000 for you to build your si... by jacquesm on Thursday January 10, 2013 @07:20PM (#5040621)
I don't see the risk. Other than that for me $5K is not nearly enough to cover for two months of my time the deal is actually quite good (I value that 50% at exactly nothing as you can see).

If the OP is worth his salt in the marketing game is the big variable, he believes he is good enough to warrant a $8K outlay, more than half of which goes to his co-founder to cover their time.

I've seen people study chess book moves for half a lifetime and still not be able to play a half decent game of chess. All I have to do to throw them off is play (1) b2-b4 -

50% of an MVP + cash to cover for your time + a co-founder to boot + $3K in marketing budget for your MVP is not a bad deal by many standards, and if you end up not liking the deal you can take your toys and go home and the OP is the loser.

He's betting that it works, not betting that he can screw you over.

Re:Proposition HN: I will pay $8000 for you to build your si... by brudgers on Friday January 11, 2013 @05:12AM (#5042094)
Poker or chess, it doesn't matter. They are both adversarial contests over a finite pie.

What makes YC successful is baking pies.