Thursday 23 August 2012

Re: [dcphp-dev] Technical Angels

I think working solely for equity is too risky, at least for my
tastes. I think it'd be difficult to bound when you've "put in enough"
and be able to step away from the project gracefully. Maybe some
combination of $$$ + equity could work, if you can tolerate the risk.
But to be a successful anger, from that I understand, is really a
numbers game. You want to invest a little in a lot of start ups so
when one of them makes it you get rewarded. Not sure that model really
translates when what you are putting in is your time and not money.
The former being more limited than the latter.

On Wed, Aug 22, 2012 at 9:18 PM, Eddie Peloke <peloke@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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