Hey guys, I've always seen a lot of projects being launched here but this is the first one I'm posting. Hope to get lot of feedback on my project!
(TL;DR version: http://startya.co)
We are a group of designers/ developers/ entrepreneurs that have extensive experience building MVPs for startups. We already created dozens of web based MVPs and projects in hackathons.
As we can easily turn our ideas into a functional application, we have a lot of projects running with almost no users using it because we don't have enough time to dedicate to maintain and grow all of them.
Thats why we decided to stop using our ideas and started looking for hungry entrepreneurs that are searching for a way to turn their business ideas into reality!
We will take care of the development, design and infrastructure and him will take care of the day-by-day and sell the project!
We won't be your personal development team! After our "investment", building the first MVP, the entrepreneur will have a goal to beat (which we will define together). And if he proves us that his idea has potential, by beating the goal, he earns another credit with us and we will keep iterating his project. This cycle goes on and on while he keeps beating the goals we set together.
More info: http://startya.co
What do you guys thinks??
"we have a lot of projects running with almost no users using it because we don't have enough time to dedicate to maintain and grow all of them."
Shouldn't you first investigate why your own products never took off? Not every product needs good marketing, some just take off on their on and none of yours have. "Almost no users" is something I, as the entrepreneur, would be concerned about.
"Your business model is not based on ad..." Really? When FB and Google are worth over 200 billion combined for their ad businesses.
"If you don't work on the project or don't beat the goals. We will just leave the idea in the space and don't work on it anymore..." If you build the MVP and I don't bother following up with your goals and take the MVP and do my own thing. Who owns the IP? Will you sue if it becomes worth a couple hundred million? Yes you will, therefore you need contracts in place.
"You don´t loose money" Really?
"we keep 30% of the business" as the other guys have said, it's just too much equity and you don't define whether it is vested. You could build an MVP and work on it a couple of times, then get 30% equity and never do any work thereafter.
"We will begin it as a gentlemen's agreement." You're being naive about how the world works. There is a lot of money in tech, so clearly defined contracts are important, unless you want a screwup like Facebook with their equity.
Great idea, but again, you guys were premature about how things will work. It is time to iterate and improve on the bureaucratic parts of your operation.
Lastly, you may be undervaluing yourselves by building stuff for 'free' for other people.