It would require same kind of due diligence as VCs do, and most of the
developers do not have experience, time or interest to do the required
due diligence. The important question everyone will ask: how committed
you are in your venture, and how much you have invested.
In this area, its not easy to find a technical co-founder who work on
sweat equity. I guess once you have a tractor, than some people will
be willing to join you on partial salary partial equity.
Ghazenfer
@gmansoor
On Aug 22, 9:18 pm, Eddie Peloke <pel...@gmail.com> wrote:
> Hello,
>
> I've been in the PHP world for a while and have worked for a few companies
> large and small over my career. A few years back, I launched my own mobile
> startup and am considering launching a general custom dev shop now. One
> concept that has interested me lately is the idea of being a 'technical
> angel'. While we all still have to put food on the table, are any of you
> taking on work in exchange for equity? As an investor gives their money,
> are you giving of your tech services?
>
> I'm just curious to hear if others are going this route and if so, how it's
> working.
>
> Thanks,
> Eddie
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