- Daeus
- Nov 17, 2001
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Apologies if this is out of place in this thread.
A former coworker is asking for help with his startup (pre-funding). My part would at least initially be to refresh the website to give it a more professional feel (anything after that will be discussed soon as I haven't accepted yet).
Word of mouth sounds like pay will most likely be all or mostly equity.
If I'm not planning on sticking it out with them, is this just working for free? I'd assume that only people who stay on or who were founders hold onto their stake. I'm semi-interested in doing it regardless, just have never worked with a startup before.
So, is my assumption of probably doing this for free accurate? Anything I should watch out for during negotiations?
Assume the equity is worthless. Is this a major project? If this is something you can grind out in the evenings and a couple of weekends I'd probably do it. Its like buying a lottery ticket. You'll most likely lose, but maybe you'll win.
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Sep 19, 2012 05:37
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