News for hackers. Stuff that matters.
Re:The startup freelancer by Arun2009 on Saturday March 29, 2014 @03:02AM (#7491654)
I am currently working full-time remotely on the MVP of an interesting start-up. I get paid relatively low fees and some equity (the discussions are on). I am doing this because I like being in 100% control of the development process and deeply involved with the creation of the product itself. It's a great learning opportunity that can come in handy when you get around to working on your own product someday.
Re:The startup freelancer by UweSchmidt on Saturday March 29, 2014 @10:13AM (#7492274)
Those equity discussions... why not finalize those asap? Your negotiation power dimishes as the product nears completion, as success is becoming more likely and as other people are coming in and contribute.
Re:The startup freelancer by Arun2009 on Saturday March 29, 2014 @12:20PM (#7492737)
It's just that I don't intend to stay with this project after the MVP stage, and don't want further commitment. Insisting on equity will make things complicated.
Re:The startup freelancer by evolve2k on Saturday March 29, 2014 @06:43PM (#7494295)
Anyone taking on similar work, eg just plans to do the initial MVP work but lines up a standard equity stake as part of their contract?

I've heard of deals where say I discount my rate by X in exchange for Y% equity. Would love some rule of thumb numbers of what X and Y are.