If the idea was truly good so much so you believed in it, it was a heck of an offer tbh.
If the idea was truly good so much so you believed in it, it was a heck of an offer tbh.
My experience has been that, while that is useful, it's by no means sufficient to lead to a complete and useful tool. But I'd absolutely take that deal any day of the week, from the "idea" side of the fence. Imagine if you did it 20 times - quite a nice portfolio.
In any event, while I appreciate the offer, I'm now too old and domesticated to work on it. I guess my comment should have said I'd have loved to met someone like that in my early 20s, when I had more free time and my brain worked better :).
Company of 2 where neither receives a salary.
> That's a ton of work, too.
In this case, I really, really don't think so.
Someone who thinks of themselves as “an idea guy” and that that is worth 50% is delusional to a level I wouldn’t trust them to run the company.
Even if the idea is truly good all the value is in the execution and acting on non obvious information from your customers. Anyone who isn’t committed to this long and uncertain process probably shouldn’t be a co-founder.
Perhaps. But in the past 15 years I've never seen such a good idea.
If one is going to take 50% I'd expect them to be a really good salesman at least.