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master54

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This dude is far smarter than I expect. I am fairly certain Facebook will overtake Yahoo as the premier go-to site within 5 years. I'm deeply humbled.

Side note: My karma is 21, baby =)

I'm not referring to those blatant buy-a-mailing-list-and-spam kinda process. I'm talking about the more subtle invitation "spam" executed by the likes of plaxo, hi5 etc.

Given how users got banners-blind after some years of conditioning, how long would it take for them to become Adwords-blind, especially with 99.999999999999999999999% of websites forcing these ads on them via Adsense?

The first version of Trulia was bad. Jackass bad. It's like those crappy Google Maps mashup site built by a kid overnight. When Zillow came out, I thought they had won the real estate web sector. That's it. Then suddenly, out of nowhere came a revamped Trulia with a better site than the first version and most importantly, MORE HOUSE SALE LISTINGS than Zillow. What's a real estate site without real estate sale listings?

It seems that the ones getting the most buzz are those who are the best connected, even if your product is better than theirs. In this case, what is the best way to strike back?

(assuming trying to network yourself into his level is futile)

You need at least 2 founders to build a successful startup. Don't try to deceive yourself into believing one person is all it takes. Once your startup get traction, you'll get burnt out if you are doing it all alone

Ok. This is what i have in mind. Do comment. The min. he will get is 10% and the max is 40%. Starting from 10%, he get an additional 1% for every $1m increase in company valuation during the funding.

So if the valuation is 30m or more, he get 10% + 30% = 40% If valuation is 20m, he get 10% + 20% = 30%

Fair?

I created a 7 months old startup that is growing well. Not fantastic but ok. Now i'm looking for someone to be the CEO.

He wants 50% equity, if he could get VC funding based on a high company valuation, say USD 20 million (which i think is really high for my startup). If he can't reach the target, then he'll settle for less.

Is this fair? I put in the hard work for this past 7 month. All the idea is mine. now he wants to be on the same level as me, just because he can get funding based on high valuation.

If not, how much do you think he should get. Considering that he's being hired in an important position - CEO.

How much did Pierre Omidyar give Jeff Skoll?

yeah. how can you give the coder stock options? if you don't tie him down somewhat with options/equity, there is the danger that he might run away with your company's intellectual property

Like say you like this coder from UK and you're based in US. You allow working remotely, so him being in UK is not a problem.

But what about the legal side? The tax you have to pay for this foreign worker? etc.