Hello, someone wants to pay me equity to build a web application for them as well as mobile apps. They say 10 percent.
Does that seem reasonable?
It’s just he and I, so I’m unsure. I’ve been doing Web Development at a Fortune 500 company for about 3 years now. I’m comfortable across all levels of the stack. I have built my own applications. Only a few with its own UI but I’m comfortable there as I have the meta front end developer courses underneath my belt.
I’m sure I’m proficient based on my job opportunities. Keep in mind that these are applications and not static sites.
Are you quitting your job? Is he? Has he built anything yet? Mock-ups? Prototypes? Real product?
Do you know this person? Do you trust them?
Do you see yourself quitting your cushy Fortune 500 job to make half of what you’re making now to support the business? That could be 6 months or a year from now.
Do you see yourself working on this for 5-7 years with this person?