Shark Eats Entrepreneur Alive
blog.fairsoftware.net
Shark Eats Entrepreneur Alive
1–10 of 23 posts
Re: Shark Eats Entrepreneur Alive
#2He wants to put $xxK of his money into his developers in [third world country]...
That is equal parts terrifying and awe-inspiring for its sheer brazenness.
Re: Shark Eats Entrepreneur Alive
#3Somehow, "considering giving up equity in exchange for services that add only dubious value" equates to "being eating alive."
Then again, I suppose fewer people would read a post titled "Entrepeneur considers letting shark bite"...
Re: Shark Eats Entrepreneur Alive
#4The simple fact that the entrepreneur knew to ask the question shows that he already knew the answer. He wants to go with his gut and reject this; he's just looking for a little vote of confidence.
Re: Shark Eats Entrepreneur Alive
#5The naivety of some people is just scary.
If you are being approached always be on your guard.
An 'investor' (I use the word lightly here ;) ) that wants to pressure you to do a deal is afraid you'll wise up, find something or that you'll back out. So, help them a bit and back out. On the spot.
A good relationship can be built slowly if there appears to be time pressure you will likely make a decision that's not to your advantage. Good decisions are made from a position of strength. Time pressure erodes that strength.
Re: Shark Eats Entrepreneur Alive
#6Somehow, "considering giving up equity in exchange for services that add only dubious value" equates to "being eating alive." Then again, I suppose fewer people would read a post titled "Entrepeneur considers letting shark bite"...
Do you not agree that if the entrepreneur took the deal, it would kill his company? If so, a kill, in shark language, is appropriately described by eaten alive.
Re: Shark Eats Entrepreneur Alive
#7Run like hell, Say no firmly and forever.
Re: Shark Eats Entrepreneur Alive
#8Somehow, "considering giving up equity in exchange for services that add only dubious value" equates to "being eating alive." Then again, I suppose fewer people would read a post titled "Entrepeneur considers letting shark bite"...
Do you not agree that if the entrepreneur took the deal, it would kill his company? If so, a kill , in shark language, is appropriately described by eaten alive .
I do not agree because I don't know how 10% stake and "third world" developers may kill. I'm not saying they can't, just being curious.
Re: Shark Eats Entrepreneur Alive
#9Earlier quoted context omitted.
Do you not agree that if the entrepreneur took the deal, it would kill his company? If so, a kill , in shark language, is appropriately described by eaten alive .
I do not agree because I don't know how 10% stake and "third world" developers may kill. I'm not saying they can't, just being curious.
You don't know how transferring your development offshore to a group that reports to an outside investor can kill a company?
Just asking for clarification here... Honestly sounds like a What The (Cluster) Fuck in the making...
Re: Shark Eats Entrepreneur Alive
#10Somehow, "considering giving up equity in exchange for services that add only dubious value" equates to "being eating alive." Then again, I suppose fewer people would read a post titled "Entrepeneur considers letting shark bite"...
Do you not agree that if the entrepreneur took the deal, it would kill his company? If so, a kill , in shark language, is appropriately described by eaten alive .
He could give away 10% equity in exchange for absolutely nothing, and probably not die. He could, likewise, give away 10% equity in exchange for some offshore developers building something completely random, look at it, decide not to actually use it, and still probably not die.
Now, actually deciding to replace the active codebase with something that's terrible could kill his company, but that's down the road a bit.