I've been looking for a side project for a while, and finally, I applied to an angel.co offer for a CTO/founder/owner position. After the first interview, everything looks great. I am not looking for a monthly salary; I want to build a project from scratch with a team and earn a couple of bucks if the product makes money at some point.
I have almost no knowledge about growth, marketing, founding, or anything not related to the tech part, and I would love to gain some experience with this project. It looks like a win-win for me: the product can work and earn some bucks and, in the mean time, learn about all the non-tech stuff.
The next meeting is about what kind of agreement I am looking for. Oh boy! I have no idea! The initial idea is some equity percentage. I guess this takes into account I own the benefits and all the risks too.
Do you have any advice? Any experience? Just some comments?
I've been looking for a side project for a while, and finally, I applied to an angel.co offer for a CTO/founder/owner position. After the first interview, everything looks great. I am not looking for a monthly salary; I want to build a project from scratch with a team and earn a couple of bucks if the product makes money at some point.
I have almost no knowledge about growth, marketing, founding, or anything not related to the tech part, and I would love to gain some experience with this project. It looks like a win-win for me: the product can work and earn some bucks and, in the mean time, learn about all the non-tech stuff.
The next meeting is about what kind of agreement I am looking for. Oh boy! I have no idea! The initial idea is some equity percentage. I guess this takes into account I own the benefits and all the risks too.
Do you have any advice? Any experience? Just some comments?
Thanks in advance!