No development teams that I know of is sitting around waiting for good ideas. They have plenty. Our development team has a sandbox of personal projects that they would love to work on. The challenge is finding a team that has the capacity , desire, interest to take your project on as a speculative venture.
I will tell you what our team considers when we are considering taking on a client that isn't going to pay cash to cover our bills but has dazzled us with promises of equity:
- Is this something that we know. Have we done it before. Is there something we can change/adapt/configure to get us there faster?
- Do we have a client right now that would pay for this if we offered them the vapor ware on a great deal?
- Is the prospective client for this solution overlap the client base of any of our other solutions?
- What is the cash value of the investment which we would be making -- if we had that cash would we invest it in this start-up? If not-- why is our time worth less than our money, and if so why don't we?
Based on the above criteria I would be looking for development teams that had paying clients that covered their overhead -- not someone who will focus on this until a paying gig comes along. I would focus on someone who has developed in a similar market space. I would focus on someone for whom your business would add value to their existing portfolio.
Something to think about:
If I was the development team that considered this project this is the question which would be on my mind:
What is the potential value of this project without a developer coming on board? What is the potential value of this project with a developer coming on board?
Since it sounds as though the answer to the first question is: nothing. (meaning if the project stays as a POC -- then it isn't generating revenue and isn't really worth anything.)
And the answer to the second question is: something.
Then the value of the developer to the project is: everything.
A great idea is worth about 5-10%. I think it would be fair to expect to secure the "right" development team a joint venture where they are in the "everything" range (say 60-70+% ownership)
And as an "idea guy" that pains me every time I say it. :(