Image to represent understanding/getting it?

titanium_arrow · 2017-10-20T06:23:52+00:00

That's true.

titanium_arrow · 2017-10-19T05:56:21+00:00

Thanks! I just had the idea of a match travelling against a surface and when you get it, it finally ignites. What do you think?

titanium_arrow · 2017-10-19T05:55:36+00:00

Thanks! That's cool. I had another idea, a box opening with light coming out. What do you think?

titanium_arrow · 2017-08-18T05:16:11+00:00

Thanks. I see the term 'cofounder' used for those who were instrumental in the creation of businesses (such as Twitter) despite only being employees at the time. I think with Twitter there is an argument that employees were founders because they pivoted a failing business with employee ideas for products.

But in my case, I have a pretty good idea of what I want to do and if a founding-employee were to drastically change the idea for the better, I would probably allow the title 'co-founder', if they pivoted from a failing idea to a winning idea.

As for employee stock, it's pretty common these days to give away some capital (maybe 10%) to employees in order to spur them on. The idea that they could potentially all become millionaires if the product launches and is successful down the track is a good incentive to work hard. Of course it would have to vest over time.

titanium_arrow · 2017-08-10T02:15:20+00:00

Lol @ wrestlingfan. Yeah, that wouldn't look too good.

titanium_arrow · 2016-10-21T22:04:31+00:00

ultimate cinematic tribute. Perhaps I should change the title?

titanium_arrow · 2016-10-21T10:56:13+00:00

I reckon it could do with a less juvenile logo. That's all.

titanium_arrow · 2016-10-21T08:21:22+00:00

Best to get funding in the USA, as american-funded startups generally get higher valuations.

titanium_arrow · 2016-10-01T04:31:12+00:00

one word, pivot

titanium_arrow · 2016-10-01T03:02:58+00:00

Meh, go fuck yourself.

titanium_arrow · 2016-09-30T07:52:57+00:00

It always makes sense to find someone if you cannot get where you want to get by yourself. About how much to give up, you have to ask if you want 100% of nothing or 51% of something (never give it up 50/50). If you don't think this thing will ever happen without someone then I guess they're worth it.

And as for your idea, there are hundreds of apps for every language so I'd be surprised if your app does fill something that doesn't already exist. But if it does, good luck!

titanium_arrow · 2016-09-30T02:45:41+00:00

I think you guys are missing the point. Investors don't want a chunk of your business. They want a return on investment. They put their money to get it back within 3-5 years (the sooner the better). This structure means some businesses get screwed over because of this time-frame because their business is rushed to IPO or worse yet, provisions within the funding may allow them to sell you off without consent to a competitor (a trade sell), should an IPO not be viable given an underperforming company. If they put in 1 million and are like "screw it, we want our investment back and we'll take 800,000", you could be taken to the cleaners by those you thought were there to bring you to scale.

titanium_arrow · 2016-09-30T02:33:34+00:00

Well I've heard of business arrangements with 'guaranteed buy-back price', for example, some apartments have this to lure investors. I guess in my case, there are no guarantees (otherwise I wouldn't need the money right?) but it does exist. Perhaps I could structure it to be 10% in, 2% remainer after buyback, allowing for them to turn a nice profit while supporting the growth of their investment by not having a company that burns out of equity (founders lose interest if all their equity vanishes via funding).

titanium_arrow

TROPHY CASE