News for hackers. Stuff that matters.

newstartupguy

Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @05:43PM (#6240097)
Thanks for the input! She's full time (though more like double full time) front-end engineer and designer. Designing both the web app and ios and android apps. Definitely worth it :)
Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @04:33PM (#6239612)
I agree with you and will be rectifying it soon.
Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @04:00PM (#6239394)
Neither of us have received any pay at this point.

Also, YC invests at that rate for companies without even an idea. We have a product launched in beta making several hundred dollars a day (inflates on weekends), with about 82 signed up clients most of which are going to start becoming more active (spending more money) as soon as we launch our iPhone app. We should be fully launching in the next month, at which point we expect to start raking in way more money.

Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @03:48PM (#6239330)
Yeah, we're an LLC at this point. He incorporated before I joined.
Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @03:47PM (#6239319)
No, we're good friends... We've been more focused on just getting going. Admittedly stupid on my part, but if anything does go sour, I own all the code and all tech stuff is in my name.
Re:Ask HN: New founder in need of advice on Monday August 19, 2013 @03:26PM (#6239166)
I'm admittedly a bit lost as this is my first time in the position I'm in so any input would be great. Also if anyone is looking for a mentee, I could really use someone to talk to about stuff on a weekly basis.

Ask HN: New founder in need of advice

Hey guys, launching a startup and need some advice. I'm the technical co-founder/CTO, he is the business development guy.My cofounder seems to think VC are more concerned with appearance than performance... He thinks the most important thing in a VC's mind is that we have an office with a full team in it every day. I disagree.He thinks that having our team all in the same city/state is...

( Read More... | 17 comments | 7 points | on HN )