We are all 2 or 3 years out of college. So while I admit we could be charging our clients a lot more, I don't think that 100K per year in revenue out of consulting ventures is a bad start.
107 karma · joined February 22, 2011
According to this I would count as the first employee as the company has existed for a year and is making money. Thereby ascribing 10% to me, their first layer of employees. However as this layer grows my value may gets diluted. Moreover it assumes that I am getting paid market wage. As part designer, part developer and part project manager - im not sure what that number is but lets say its at least what im getting paid now $70K per year.
Since I am not getting paid market wage I feel like it should be reasonable to ask for sufficient equity compensation. This is one of the main reasons join a startup right? Not the pay but the <em> potential <em> reward.
All this being said, its a young company the founders are my friends and I feel strongly that the company has potential and that I have a strong opportunity to grow.
What do you think of the landing page? Does it clearly describe a use case and the features of the app? Would a background img of a shopper make more sense.
Any other input on the business idea/validation method is appreciated.