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Hey @gsvigruha I'm kicking around the idea of opening an incubator and wanted to get your opinion.
1. In Texas (cheap cost of living and no income tax)
2. Incubator participants (shorthand: eggs) establish their market rate salary. Incubator pays 50% their market rate salary.
The other 50% of the Eggs' salary is sweat equity, vesting monthly. 3. All business expenses covered by the incubator. 4. Incubator has greater control over the businesses than the Eggs do. 5. Focus on fast-profitability businesses 6. Incubator can terminate incubation any time.
7. Eggs retain equity in what they have built up to that point.
Also put this in Plano, Frisco, Allen Mckinney thats where the tech talent is, not in Dallas proper
Could I convince you to come to Fort Worth? Also, I know there's a self-driving car startup in Frisco, but I don't know why there's tech talent there - can you explain?
I am game. I can bring Order Taker to your doorstep this week
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