CowBay: once again, apps are not worth anything - business is. By the time your company gets to $1bn mark, you have a 80% chance to be fired by John Doerr and replaced by some big-win ATT-trained $1M+ salarieŠ² golf- playing cigar-smoking CEO who will sell your business to AOL and run it into demolition and writeoff. Plus you do not even get all this 30% - there is a thing called "founder equity vesting", "option pool" and "dilution".
From this point on, I recommend reading -- http://venturehacks.com/term-sheet-hacks http://www.startupcompanylawyer.com/ The best advice blogs around! YA PS. And get an account at thefunded.com On Apr 16, 3:09 am, "Cow Bay" <[EMAIL PROTECTED]> wrote: > dont be silly. > > 30% $1b business is much than $270k. > > > > ----- Original Message ----- > From: "YA" <[EMAIL PROTECTED]> > To: "Android Challenge" <[email protected]> > Sent: Tuesday, April 15, 2008 1:26 PM > Subject: [android-challenge] Re: Which apps would you install to your phone? > > > They will take away 30% to 70% of your company in exchange for > > investment, so please, don't envy them - we get less but we get it for > > free, as a grant. > > > YA > > > On Apr 15, 11:12 pm, "Cow Bay" <[EMAIL PROTECTED]> wrote: > > > i thought of the list after just learning a $100m fund has been set up > for > > > developing iphone apps. > > > > for sure the fund is looking for mobile apps that can make money instead > of > > > providing free services. > > > > ----- Original Message ----- > > > From: "Cow Bay" <[EMAIL PROTECTED]> > > > To: <[email protected]> > > > Sent: Tuesday, April 15, 2008 11:05 AM > > > Subject: [android-challenge] Re: Which apps would you install to your > phone? > > > > > can there also be a list of apps that you think worth than $10m or > even > > > $10b > > > > ? > > > > > most of the apps seen here so far seem for "free" public services. > how > > > can > > > > google or other oha members make money from them??? > > > > > ----- Original Message ----- > > > > From: "Alex Pisarev" <[EMAIL PROTECTED]> > > > > To: "Android Challenge" <[email protected]> > > > > Sent: Tuesday, April 15, 2008 7:14 AM > > > > Subject: [android-challenge] Which apps would you install to your > phone? > > > > > > Select 5 apps in 5 different categories which you would install > > > > > to your phone (from already submitted and public). Here is my choice > > > > > and categories: > > > > > > I) Full scale map-centric social-networking services > > > > > > 1) Commandro > > > > > 2) Marvin > > > > > 3) Athena > > > > > 4) Snap! > > > > > 5) ZInfo > > > > > > II) Other useful location-based applications > > > > > 1) AndNav > > > > > 2) Enkin > > > > > 3) Elimatta > > > > > 4) JeeNet > > > > > 5) HeyTaxi > > > > > > III) Games > > > > > 1) Parallel Kingdom > > > > > 2) Wi-Fi Army > > > > > 3) Omnisoft Games > > > > > 4) AllBinary Games > > > > > 5) haven't decided yet > > > > > > IV) Handy System Applications > > > > > 1) AndroidCalc > > > > > 2) DroidStor > > > > > 3) XLive > > > > > 4) FluidNexus > > > > > 5) BarCode Scanner by Hobbs > > > > > > V) Development Libraries/System Tools > > > > > 1) OpenIntents > > > > > 2) Unify Message > > > > > 3) ItzyBit > > > > > 4) 5) not decided yet --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Android Challenge" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/android-challenge?hl=en -~----------~----~----~----~------~----~------~--~---
