This is pretty much what I showed them. All the captured data, described how the apps work, what makes the data so valuable, etc. Like I said, they got it , but still made the case it was a lot of work.
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Just a guy with some ideas
Yes, the basic part is pretty knarly with some heavy brick and mortarish aspects to it. The rest is pretty straightforward web stuff, I believe.
Thanks! I'll try to get in touch with LaunchBox today.
I'll drop you an email and you can see what I've got so far.
So what is a fair split?
Well, they ARE a dev group and are customarily paid for their work. Also, this is pretty big and portions will be shipped overseas so there will be real costs incurred.If things get too weird, I'll post here.
Damn, I would love to find some people to go with this. Problem is, in one sense, it's a fairly obvious service but there's only room for one of them (database, ground level), so whoever executes first owns the world (really :)
When I was talking to the first couple of people, I hadn't really fleshed out the details clearly enough. And they really are happy in their corp jobs.
Yes, they get the 100k, but I would probably keep more equity that way. I was surprised at how genuinely excited they became as they realized their own need for the web level features. And, of course, they immediately took it mobile.
OK, this is much more than just an app. It is capturing a lot of data at one level, then there is the 'web level' where the public interacts with it. Lot of opportunity for revenue at the public level immediately (targeted ads). Vendors will be pushing 'specials' down to the first level when they see the apps getting some traction.. .