SoCal CTO
DECEMBER 14, 2009
There’s quite a bit of truth to what Mark is saying about startup software developers, but my guess is that there’s another reason that it seems harder to find developers in this context. reduced salary, partial equity, good experience, etc. I’ll give you equity in the company.” They haven’t.
Startup Professionals Musings
MAY 14, 2023
Things will cost more than you expect. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Cash flow out equates to burn rate, and the runway depends on your reserves.
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ReadWriteStart
DECEMBER 15, 2022
It provides the freedom to partner with entrepreneurs and reduce the costs of agency work in exchange for equity in their startup. This allows the studio to retain a larger stake in internally funded startups and gain equity in other startups through partnerships. Agencies Need Well-Defined Procedures for Startup Development.
Startup Professionals Musings
JUNE 2, 2021
Apple pulled ahead of other mobile phones in its early days largely because it cultivated an ecosystem of software developers who created iPhone apps to meet every consumer niche and need. It’s now more intense than ever, with the cost of entry going down, and new players easily able to join the fray from anywhere in the world.
Startup Professionals Musings
AUGUST 19, 2020
Things will cost more than you expect. Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Cash flow out equates to burn rate, and the runway depends on your reserves.
Startup Professionals Musings
FEBRUARY 8, 2013
If one of your core values is exceeding your customer expectations for quality and service, and your potential partner ascribes to the low cost, high profit mantra, a successful partnership is highly unlikely over the long-term. Look at the big picture first of development, finance, and marketing/sales. Similar values and goals.
David Teten
OCTOBER 1, 2015
And that costs more money than most people have in savings (minimum $100-500K). On the other side of the equation, there are a growing number of design, development, and digital media shops who are hungry to expand, or swap focus, to building a company that’s more than just a service shop. Can a shop work for just equity?
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