03-01-2013, 01:30 PM
(03-01-2013, 11:27 AM)Kat Wrote: Also the BIGGEST thing is that they want to make sure everyone working on the project is properly paid, Artists, coders, everyone. But since they don't have the money for that, they are asking for help.
As someone who was involved with Techstars Boulder and actual start-ups, I can say that this is not how entrepreneurship works. Almost always do people in this situation have to take a pay cut or work for free (unless you're not part of the company and just a contractor).
Mocavo (a genealogical search engine), for instance, had a group of 3 people working full-time with only enough money to pay rent and eat cheaply for 3 months.
It's really their fault the price is so high; what are the 8 employees even doing? Some coding and XML? They're contracting almost everything else out!