Thanks for the anecdote - sorry to hear things turned out that way! I agree that a split of a discounted daily rate and equity is a good balance, and I do have concrete requirements. Do you know of any good resources for writing contracts? I know the other guy's got a lawyer to help him with trademarking and stuff, but since I don't have a lot of cash to throw around I'll probably have to do it myself...
See if they have something similar in the US (assuming thats where you are from). Ask them for a template contract, some may give it to you for free or maybe couple $100. Remember though a contract is just a piece of paper: http://bit.ly/bHuFAK
Also I don't mind sharing a base contract I got from my lawyer for software development, hell I paid so much money for it the more people that get use the better. Drop me an email rakkhi.s@gmail.com
My blog on some lessons I have learnt on my current go at a web startup, some things may help: http://bit.ly/d23Dzp
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Thanks for the anecdote - sorry to hear things turned out that way! I agree that a split of a discounted daily rate and equity is a good balance, and I do have concrete requirements. Do you know of any good resources for writing contracts? I know the other guy's got a lawyer to help him with trademarking and stuff, but since I don't have a lot of cash to throw around I'll probably have to do it myself...
In the UK you can get a free 30 minutes consulting at most law firms if you are a small business. I did that: http://www.lawsociety.org.uk/home.law
See if they have something similar in the US (assuming thats where you are from). Ask them for a template contract, some may give it to you for free or maybe couple $100. Remember though a contract is just a piece of paper: http://bit.ly/bHuFAK
Also I don't mind sharing a base contract I got from my lawyer for software development, hell I paid so much money for it the more people that get use the better. Drop me an email rakkhi.s@gmail.com
My blog on some lessons I have learnt on my current go at a web startup, some things may help: http://bit.ly/d23Dzp