Remove Lean Remove Offshore Remove Partner Remove Technical Cofounder
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Should You Co-Found Your Company With a Software Development Shop (2 of 2)?

David Teten

I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. The question is: how should they be compensated when cofounding a company? equity that belongs to departed cofounders)?

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From Nothing To Something. How To Get There.

techcrunch.com

In Meebo’s case, for example, I was lucky enough to partner up with Elaine and Sandy. Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. Partner up?