On May 26, 2011, at 15:03 , Prashant Sheth wrote:
> Too often biz "idea-generators" will come from a point of view "oh this idea
> is so unique.. NO ONE has done it..." chances are .. its been done about a
> dozen times.. and about a dozen people are doing it at this time.
>
> The idea isn't the money, the execution is... that's why a strong executive
> team is what is always looked for.
On May 27, 2011, at 11:20 , Keith Aric Hall wrote:
> My point is, there is a delicate dance that occurs between the two parties.
> So as an entrepreneur, you should do your homework first. Though it may be
> difficult, try to understand what technologies the project will require. Ask
> for proof of experience (portfolios, detailed project summaries, references,
> etc.) and determine if it lines up with your needs. Ask trusted developer
> colleagues to help you evaluate potential partners. Draw up a legitimate
> legal contract defining the responsibilities and benefits to all parties.
Prashant and Keith,
You both are basically pointing out that freelance developers are
entrepreneurs too.
Their equity claims, unlike most of the so called "idea entrepreneurs",
is easily documented in the opportunity costs of lost consulting business. By
and large, the developers are making equity investments that exceed the size of
most of the angel investors in almost any startup organization. They should
recognize this and negotiate a commensurate equity position. The developer is
the Zuckerberg and the "idea entrepreneur" is the Winkelvoss. We all know who
is the really valuable person in that partnership.
Developers will only help themselves by behaving like business persons.
Anon,
Andrew
____________________________________
Andrew W. Donoho
Donoho Design Group, L.L.C.
[email protected], +1 (512) 750-7596, twitter.com/adonoho
"When you can't imagine how things are going to change,
that doesn't mean that nothing will change.
It means that things will change in ways that are unimaginable."
Bruce Sterling, January 02, 2009
--
Our Web site: http://www.RefreshAustin.org/
You received this message because you are subscribed to the Google Groups
"Refresh Austin" group.
[ Posting ]
To post to this group, send email to [email protected]
Job-related postings should follow http://tr.im/refreshaustinjobspolicy
We do not accept job posts from recruiters.
[ Unsubscribe ]
To unsubscribe from this group, send email to
[email protected]
[ More Info ]
For more options, visit this group at
http://groups.google.com/group/Refresh-Austin
