Investors want to see the finished project (+ maybe private beta results). I came a long way, but I have the feeling that I cant run the last couple of miles without being surpassed by competition.
I think there are only three kind of people who can (almost) fully commit themselves and have the right knowledge:
- School dropouts
- Early stage employees from other high traffic sites.
- Opensource programmers
Since I've used widespreadly used technologies I don't think it will be hard to find the right programmer. However i guess i have no clue how/where to find the right designer(with front end programming knowledge).
I'm looking forward hearing your stories about where/how you've got your first equity based employees & any other thoughts about where/how to get them.
Some other facts why potential designers/programmers are going to like working with based on equity instead of cash.
- Change someting "big" in this world
- Tremendous outcome (when released on time)
- Befriended Lawyers > air-tight contract both sides
- VC's already showed interests.
Are there smart ways to find employees working for equity locally without trying to convert employees cash>equity?(i'd like to do at-least a physical interview before hiring)