Having spoken to 10 - 20 of these people myself (business majors at my University always tried to convince CS majors to do their ideas). Some of the post was decent advice, you have to befriend technical cofounders first (i.e. grow).
Something I would add though, if you are a non-technical cofounder it needs to be either equal equity footing (if you are bringing a fair amount of sales/marketing). Otherwise, forget it, I would want 60 - 70% equity. Without my ability to code, you've got nothing. It seems a lot of technical founders sell themselves short in this regard.
Finally, for me, it's always been hell finding a decent designer. The two I talk with regularly are outrageously busy, but usually they can help out. It took me a year or two to find these guys and now we have some synergy, but finding a designer is hell.
Sounds about right for what I would ask for, and I have never found a company. Crunch time is already bad enough at a lot of companies, but an extended one to get the first product even out is probably the worst of them all - the compensation needs to reflect that value.
Comments
Having spoken to 10 - 20 of these people myself (business majors at my University always tried to convince CS majors to do their ideas). Some of the post was decent advice, you have to befriend technical cofounders first (i.e. grow).
Something I would add though, if you are a non-technical cofounder it needs to be either equal equity footing (if you are bringing a fair amount of sales/marketing). Otherwise, forget it, I would want 60 - 70% equity. Without my ability to code, you've got nothing. It seems a lot of technical founders sell themselves short in this regard.
Finally, for me, it's always been hell finding a decent designer. The two I talk with regularly are outrageously busy, but usually they can help out. It took me a year or two to find these guys and now we have some synergy, but finding a designer is hell.
Sounds about right for what I would ask for, and I have never found a company. Crunch time is already bad enough at a lot of companies, but an extended one to get the first product even out is probably the worst of them all - the compensation needs to reflect that value.