If you have a moment, could I get your thoughts on this @XFaure? You probably already know this, but Texas (particularly not Austin, TX) has a significantly lower cost of living relative to SF, NY, and the other usual startup culprits.https://twitter.com/Molson_Hart/status/1064179496172093441 …
-
I'm not familiar with incubators' business models. If I understand correctly, you would have participants start at zero equity and accrue capital as they work. Founder is so important and pivotal in VC that it's hard to imagine a model without no clear founder.
They would accrue both capital and equity as they work. Suppose the agreed market rate for their efforts was $120k. Every month, they'd receive $5000 (120k/12/2) in cash and stock grant worth $5k.
-
-
I did something with my younger and at the time less experienced brother. I gave him the idea, he did the work, I got involved for big decisions and any capital investments. It worked. There are a lot of bright young inexperienced founders who need a little bit of guidance.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.