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A comment on A look at Assembly, the community that founds companies.

Re:A look at Assembly, the community that founds companies by Glyptodon on Friday August 29, 2014 @01:45PM (#8243585)
My question is how do hosting and credentials work for sites built through Assembly? Who makes the $$$ outlay for a site? Does the project creator have to front and control things personally to begin with? Or is there some sort of arrangement where a particular company hosts in exchange an ownership stake and special status project members have rights to push changes through to 'live'?
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Re:A look at Assembly, the community that founds companies by awwstn on Friday August 29, 2014 @01:56PM (#8243649)
In most cases, Assembly will help cover costs of things like domains and hosting during development, and in cases where someone in the community spent money on a product, that will be tracked and reimbursed when the product starts to earn revenue.

Also to clarify something in the comment below this one, Assembly's fee is 10% of the royalties paid back to contributors. (so, 10% of profit, not 10% of revenue)

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Re:A look at Assembly, the community that founds companies by sunkarapk on Friday August 29, 2014 @01:49PM (#8243605)
People from assembly fronts the initial costs of running a company/product and take 25% of the profits every month once it's profitable.

Their FAQ is at https://assembly.com/help/basics

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