191 karma · joined April 1, 2014
Even in a pure software company, someone should be out there validating the idea, building a client list, etc... In this case, it could be those and things like prepping for a kickstarter campaign, storyboarding, and of course the hardware development. There is always more to be done.
In regards to #3, in the example given, if OP wants to be cofounder then to some degree this makes sense but if not, it gets a bit more tricky. My advice to OP here is to figure out how much commitment you actually want to put in and ask for equity split (vested among all members) accordingly.
Even tiny studios in bad neighborhoods tend to go for more than $1200 in majority of the bay area much less what you are asking for. The only way I can see you landing a place that meets your requirements is sharing a place with other renters or getting insanely lucky
Worry about server setup when you have those problems or otherwise you might be over optimizing the wrong things.
Not only that but not working for iOS and being solely at the mercy of so many integrations seems like a difficult model to sustain.
That said, money should not be the focus. There is a difference between focusing on money as the reason vs money is the byproduct of what you care about doing. In this regard I can relate.