3
votes
2answers
159 views

What to offer sales biz dev first hire / partner for product that has early sales traction?

Background: I am a developer with a SaaS product that is bringing in revenue, but not enough to pay a sales person's salary (yet). The company shouldn't need outside funding. The product is ...
1
vote
3answers
67 views

Profit Share with Customers

Has anyone here ever tried giving a share of company profits to regular clients? We are thinking of allocating about 30% of after tax profits to a pool in which our regular customers share. The payout ...
1
vote
3answers
187 views

20% equity for introduction to a major client

I have built a product in the past 4 years for traders that is being used by a few accounts. I haven't done any marketing at all so far, the few clients using it are a few beta testers that have given ...
2
votes
5answers
317 views

How to negotiate with a sales guy

I started developing a product in 2001. It was a one off web site for a particular client in which I retained all rights / ownership of the software. By early 2009, the code base had been extended ...
1
vote
3answers
490 views

Is this a fair partnership proposal?

I am the technical founder of a software product, the product is finished with good inputs from at least 6 to be customers. My to be Sales partner who is already helping me from the past 4 weeks ...
6
votes
2answers
189 views

My sales person (independent, not employee) wants to be an angel investor

I started a surveillance technology company in May 2010. Since the beginning, we have been working with a person that has been in the security industry for quite a while. He was providing some input, ...
2
votes
2answers
223 views

Yet another startup equity question

I recently ran into an acquaintance ("Bill") who is solely involved in a startup. The product is a software (SAAS) with b2b application for a specific industry. Bill has a technical background and ...
2
votes
1answer
80 views

Seeking sales and marketing stakeholder

StreamingCulture, a venture that I am involved with is looking for a stakeholder with sales and marketing experience. Our mission is to help nonprofit institutions (focusing for now on performing arts ...