I'd generally avoid equity only deals. In my experience the people that are proposing those sorts of deals to major developers also don't have the money make the business succeed once the product is built. If they don't have the money to pay developers to build their dream then either they don't have the confidence to spend the money they do have or else they don't have the ability to explain their dreams to the point of being able to attract sufficient investment. Both reasons are indicative of a high liklihood of business failure even if the product, once built, kicks ass. Good products are not sufficient for good business.
That being said, equity in a company as part of an overall package is quite a different matter. Major players should all have some skin in the game, as it were. Financial success should follow from business success and the primary folks involved should all have something to gain from busting their ass. If you are being brought in early and asked to "invest" in the company in the form of structuring part of your compensation in the form of an equity stake, that could be reasonable depending on the people involved and the structure. Being asked to do it for free in hopes of some nebulous future financial glory on the other hand should be a non-starter. People don't value what they get for free and you'll likely end up bitter and unhappy. Judah On Tue, Jul 7, 2009 at 10:54 AM, Phillip Vector<[email protected]> wrote: > > Just curious about what people think.. Would you ever work for equity > in a company? Why or why not? What guidelines would you put in place > if you were to? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-talk/message.cfm/messageid:324335 Subscription: http://www.houseoffusion.com/groups/cf-talk/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.4
