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Finding a business partner you trust and who shares a vision for the company and then getting the fuck on with it seems like a better approach. I agree with @h
by timharding 14y ago
Finding a business partner you trust and who shares a vision for the company and then getting the fuck on with it seems like a better approach.
I agree with @hmurakami on this: http://news.ycombinator.com/item?id=4940379 http://news.ycombinator.com/item?id=4940379
- timharding 14y agoOn finding a business partner: do some sort of tangible work with them before you start on a larger project, make sure you've got some seriously deep social validation of them and be sure you have a complimentary skill set. Oh, and liking them helps. My business partner and I were able to spend all our time arguing about the product rather than whose contribution was bigger.
- rmm5t 14y agoAgreed, that's absolutely important, but life gets in the way. Things change, priorities change, and opportunities change. The dynamic split helps those who contributed early keep a stake even if they need to make a change later. It also gives an easy way to reward those who step in to contribute later. And this is done without absent partners potentially strangling equity from other contributors.