Hi @hmexx, this is a great idea! ex-prj.com is my side-project and I hope you like it. Yes, the project is absolutely inspired by you. Thanks.
Proposition HN: I will pay $8000 for you to build your side-project/MVP
321–330 of 395 posts
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#322Earlier quoted context omitted.
So, we're all youths and we need a daddy to look out for us? Hmexx is putting his money on the line. You counter with paranoia and paternalism. If hmexx wouldn't be $55000 short on what two months are worth to me I'd happily take him up on his offer and I don't think I'd need you to look out for me on the contractual side of things. If there is just one person here whose price tag is a bit more modest and who is shar…
If hmexx is looking for a cofounder the numbers make sense. If hmexx is creating an incubator they don't because there is no meat on the bone at 50% equity. The founder has no way of getting more runway without becoming a minority shareholder - there aren't any good choices once the $5000 is gone. Maybe, hmexx has structured his offer without considering the ramifications of 50% stake as an incubator. I'm somewhat in…
You're missing out on the 3rd option: hmexx could gamble 100K, do 12 of these and finally pick the one winner to spend all the rest of his time on and drop the rest.
And of course the founder has a way of getting more runway without becoming a minority shareholder: put more money in.
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#323This discussion is awesome! I would never have believed such a simple conjecture could provide so much illumination around the myths and realities of startups. First, its a great deal, both for hmexx and folks who take him up on it. Frankly I think it could be revolutionary. My reasoning is as follows; Many "products" over the last couple of years have been fairly straight forward web "apps" built on top of existing…
>once in 5 years that people make over $50M from their startup. May be you are trying to make a point but this statement is clearly NOT true. It all depends on how wide the area are you talking about. Are you talking about California or Kansas or entire US ?
Why stop at the US? Doesn't the rest of the world count?
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#324I threw together a matchmaking service based on the OP's premise. http://makermatch.herokuapp.com You sign up as either a 'Maker' or an 'Investor/Co-Founder/Other'. Makers post their idea and investors can click on the maker's name and send them a PM if they would like to start a dialogue. I started to set it up so that Investors can bid on ideas but haven't implemented that yet. If this is of interest to enough people, I'll work on it some more tomorrow and make it a bit more robust. Would be pretty cool if any new products/investments/co-founder teams come out of this.
Shoot me a message if you have any thoughts on what I should build into it.
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#325Earlier quoted context omitted.
Can I suggest that this is turning into a HN Matchmaking service Perhaps a little codification might be good: * A Maker puts their idea onto HS with "MatchMake HN: " * Any interested Investor then replies * Maker chooses Investor (possibly publically) * A month later a "Show HN" is published. I would be interested seeing everyone's results
I'm now imagining building a marketplace site roughly like eLance/oDesk/whatever else, where the investor can put money in escrow and clients (freelancers) can "bid"--but it's the freelancers who are proposing the jobs in their entirety, not the investor.
http://makermatch.herokuapp.com
Just put this together. No escrow or anything and haven't fully implemented bidding but let's see if there's any interest.
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#326Ok, great! I've been spinning my wheels trying to create a flexible database architecture for image features – Where do I sign? Do you want to see my work-in-progress? But yeah, great! Do I get a check up front or like a stipend-style disbursement, and how often should we meet up?
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#327Out of curiosity, what about those that are not developers - but are still tech savvy (e.g. maybe they are growth hackers and have the marketing side down pat) do you offer similar terms just flipped?
i.e. if someone wanted to get the funds to pay someone like myself to build their MVP, but based on their expertise, they would do the marketing - do you have any accomodations for that?
If you do, and anyone is looking for a good MVP builder, I gladly offer 5KMVP's services.
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#328Earlier quoted context omitted.
I don't understand what your tone is responding to.
Who knows the market of your product better? The person who works hard on it for two months and knows it inside and out, or some guy you met anonymously over the Internet who wants $8000 in exchange for half your stock, just to market it? Think about it, what does he know about the product? Nothing. You'll spend a lot of time explaining it to him in full details and then he markets those details to strangers, parroti…
You don't need "a lot of time explaining it to him in full details" - he doesn't need to know all the details. If you can't explain the product to him in under a minute, you need spend more time thinking about what is important and what not.
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#329I'm late to the party apparently because I heard about this secondhand through reddit but I'm looking to build my MVP ASAP (and just started prototyping last week)
You can watch a youtube video I made here http://youtu.be/3m194rui52Q
email me at wilcut.matthew@gmail.com
Re: Proposition HN: I will pay $8000 for you to build your side-project/MVP
#330I think it is very interesting and creative offer. I am software developer who tried to build many different products. From my perspective money was never a problem. The problem was to find partner who knows how to promote and sell product. Or at least someone who want to learn it.
IMHO this person is worth its 50%. Or 33% if there are 3 founders (marketing, programmer and graphics designer). Even without any up front money. So this $5000 makes this offer even better.
For me this proposition would look better if instead of money it would contains some milestones. At each milestone we will define some metrics and based on this metrics we will decide if we move on or pivot/drop the idea. For example:
M1. Agree on problem we want to solve and the way we reach our customers. I would love to change the world not just make money. Can we agree on it? etc.
M2. Create and promote MVP. Example metrics: how many people clicked learn more button?
Good partner is more worth then invested money. But that's of course my point of view. I don't need money and can spend half my time building the product (The other half need to make living :-) )
But I believe for many people it could be great offer. And I wish you best luck. Would love to hear how it turns out.