But anyway, my sense is that a lot of these "needs technical co-founder" people have sufficiently poisoned the well that it's getting difficult for them to find bright, bushy tailed nerds still naive enough to accept their terms.
Now if only programmers would demand what they're worth from the game industry..
I try to get my highly technical kudos from my technical friends, because my non-technical co-workers begin to glaze over when when I really want to talk about something tricky and fun I did.
The message that I've taken away from it is "dude, hustlers need hackers and hackers need hustlers, so equal footing is probably a good idea."
Now I am biased, but why would one go into a partnership with a business person in the first place.
If he can't convince a guy who doles out capital for a living to give him a tiny bit of it, why should he expect a programmer to front him that value in highly skilled labor?
A programmer on no pay with 10% equity is bound to be look for a new position if the company goes through a rough patch (hint, it will). A programmer with 50% equity will stick it out.
Point is, there are people structured to accept risk. These people include investors and entrepreneurs. There are other people who provide services that businesses need, including designers, lawyers, programmers, etc. These people generally aren't structured to accept risk, they need an hour's pay for an hour's work.
Because programmers can often be confused as to what role they play in a business through fast-talk, there's this notion that has developed that there are lots of programmer/investors available, who are willing and able to accept risk in lieu of payment.
There are clearly programmers who will accept that arrangement at least once due to their naivety, but they they generally learn pretty quickly, and I think it's becoming more common knowledge in the programmer community that it's an arrangement best avoided.
Because they know the bureaucracy and can get on with handling the paperwork and legal admin while you get on and do the actual work?
A lot of the "business-side" cofounders you run into in the real world are just glorified "idea men", willing to "generously" cut you in on 5% if you just code up their "Facebook, but for Cats" site they've been thinking about for the past year.
Reminds me of Pets.com
I may have died a little inside.
But that's not all a busíness founder does. For me, these guys are providing the market, the process knowledge and the knowledge about the needs of certain markets, espacially when the markets are not merely apps for Android and iOS. When your product is aiming at non-tech market, let's say health care, as a programmer you better have a co-founder who knows his trade since in these occasions programmers usually are only the guys crunching through poorly specified code.
Equal footing is the way to go. respect the skills of each other, and at least as important understand the language and the needs of one another. Being able to do X or Y doesn't necessarily make you a better person or founder, you know?
The right business person can be a tremendous benefit. The wrong one can kill your business. Obviously it all depends.
Obviously there's a lot of BS "biz" folks. A good barometer is if they have taken the time to learn the skills needed to get their own ideas to market (coding, design, w/e)