I have seen this many times before. Some guys have some (for real) cool idea that is very (above average) technically advanced. They usually have economic or business education, few years of experience in excel and now wants to be “their own boss”. Just find some guy to program it.
Most of these guys are decent humans. But the problem I have seen is that they often see engineers as an “asset” similar to a machine. That is the language they use and what they are often taught in school.
That is were the problems begin. They see their ideas as the value, but in reality, good ideas are most of the time worth nothing in itself. Then they “just” need to find some guy that can turn their super valuable idea in to reality.
In reality, the idea is worth close to nothing. What the engineers produce are 99% of the value. A great idea with great engineering is a different story. If you make those work together, then the ideas can hold some value in themselves.
That is why you see almost all startups fail. In my experience, most startups are started by business guys with close to 0 technical experience. The engineers that actually have a chance of making something into a reality are too scared of building a startup because they realize that making some app that uses AI to analyze crypto markets is easily a 5 year project for an engineering team of 10. To have a 30% chance of making a shitty product, 60% chance of an okay product, and a 10% chance of a decent product.
If the product is shit, they are done as soon as venture capital runs out or something else implodes.
If the product is okay, then they will survive as long as someone is stupid enough to continue to fund it (until next recession) if the product turns out good, then they have a 50/50 chance of surviving the next 10 years.
Joining a startup can be a great learning experience. But not getting paid is insane. They will probably try to push you until burnout, with nothing of real value in return. Especially if they are not engineers themselves and don’t understand how things even work.
I have seen this many times before. Some guys have some (for real) cool idea that is very (above average) technically advanced. They usually have economic or business education, few years of experience in excel and now wants to be “their own boss”. Just find some guy to program it.
Most of these guys are decent humans. But the problem I have seen is that they often see engineers as an “asset” similar to a machine. That is the language they use and what they are often taught in school. That is were the problems begin. They see their ideas as the value, but in reality, good ideas are most of the time worth nothing in itself. Then they “just” need to find some guy that can turn their super valuable idea in to reality. In reality, the idea is worth close to nothing. What the engineers produce are 99% of the value. A great idea with great engineering is a different story. If you make those work together, then the ideas can hold some value in themselves. That is why you see almost all startups fail. In my experience, most startups are started by business guys with close to 0 technical experience. The engineers that actually have a chance of making something into a reality are too scared of building a startup because they realize that making some app that uses AI to analyze crypto markets is easily a 5 year project for an engineering team of 10. To have a 30% chance of making a shitty product, 60% chance of an okay product, and a 10% chance of a decent product. If the product is shit, they are done as soon as venture capital runs out or something else implodes. If the product is okay, then they will survive as long as someone is stupid enough to continue to fund it (until next recession) if the product turns out good, then they have a 50/50 chance of surviving the next 10 years.
Joining a startup can be a great learning experience. But not getting paid is insane. They will probably try to push you until burnout, with nothing of real value in return. Especially if they are not engineers themselves and don’t understand how things even work.
Just my experience.