I agree, it DEPENDS, but wanted to give my counterpoint.
You can waste a lot of time chasing capital when you should be building a product. I have seen founders spend years chasing capital, to get 500k and support 2 developers for a year.
Offshore talent allows you to shortcut this issue entirely if you so choose.
40k out of pocket can save you that time plus 15% of your company, and get you the same product.
You eventually will need funding, but this let's you get a working product and customers when you go looking for it.
I think more founders should consider it, especially if they don't have VCs on speed dial or a product VCs don't readily understand.
Comments
I agree, it DEPENDS, but wanted to give my counterpoint.
You can waste a lot of time chasing capital when you should be building a product. I have seen founders spend years chasing capital, to get 500k and support 2 developers for a year.
Offshore talent allows you to shortcut this issue entirely if you so choose.
40k out of pocket can save you that time plus 15% of your company, and get you the same product.
You eventually will need funding, but this let's you get a working product and customers when you go looking for it.
I think more founders should consider it, especially if they don't have VCs on speed dial or a product VCs don't readily understand.