I run a web design and engineering studio. A single GP venture firm approached up and wants our work in exchange for the LP allocation in the fund, equal to the arbitrary value of rendered work, namely $50k.The fund target raise is $38M, 1.5% management fees and 20% carryHere are some more information I got from him:"$750,000 is the GP commitment (2% of total raise). I will "assign" the value...
I run a web design and engineering studio, and unlike many competitors, I don't want to increase headcount too much. I want to keep it small (under 30 people), lean and keep working on our collective craftsmanship. In other words I want to avoid selling man-days and inevitably an outsourcing company.We've been fortunate to end up in a place where we can pay above market rates to work with the...
Guess I drive attention out of this post :P
Hi everyone! My co-founder posted a react dev job offer here yesterday and received lots of feedback (mostly negative, yet super helpful).I hire a UI designer now, here's my job offer, would love to hear your thoughts!-- JOB OFFER STARTS BELOW---We're looking for a UI designer who gets chills anytime they interact with a beautifully designed app/product and can spark this delight by their...
My agency is delivering UX/UI design services to a client. For every project, we agree on a fixed fee with two revisions rounds, and it works great for both parties.My goal is to avoid hourly billing for UX/UI design as much as possible. My past experiences have been rough sometimes; the hour reports served as an invitation to micromanagement. Clients start asking why this task took so long...