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Originally Posted by harrymcwealth
Hello Akula,
Every person will get 20% of the company and/or future earnings. That's all. There's no immediate reward. And I know this is a tossed cliche of the young entrepreneur, but it will be successful (with the right people).
I know there's a huge social-networking fad/novelty going on right now, but there's still an opportunity to put the idea to better use. There isn't a big enough online community right now to meet that need (for entrepreneurs).
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Harry, obviously, I'm not happy with your initial offer.
In building a site, I'll incur cash expenses and opportunity costs
That said, even though I've incurred all these costs (which you haven't), I continue to face the same risk as you do in terms of the venture generating a return in the future.
If I put all this effort in, I expect to face less risk than you do, because all these expenses will reduce my future return on investment, and if my expected return is lower, therefore my risk should also decrease.
Will you provide the marketing budget for the project?
It only seems fair that if I put up 10k in web development and maintenance, you put up 10k for marketing expenses.
Looking for Web Heads!
