this post was submitted on 21 Nov 2023
1 points (100.0% liked)

Entrepreneur

0 readers
1 users here now

Rules

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 2 years ago
MODERATORS
 

I am wondering what others think... some podcast says "to want a cofounder so that you get a free software engineer is the wrong motivation". Ideally I would want funds to hire a senior developer to help with prototyping a solution. An alternative would be to hire a cofounder to do that... as a "free software engineer", which would actually be extremely expensive in terms of equity.

What do others think? Can a full time senior developer start and lead the development of an MVP?

you are viewing a single comment's thread
view the rest of the comments
[–] Caasitishere@alien.top 1 points 2 years ago

Noob here, thought I’d share my insight…

I watched an episode of shark tank and the pitch was a Saas app.

The founder had no tech background and tech developer was on payroll I think. The sharks advice was to make the tech developer a cofounder. Main reason is the tech developer now has the drive to put all their energy into the product their creating. No one works harder than the founders because they have everything to lose and gain.

Hope this helps 😁