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Proposition HN: I will pay $8000 for you to build your side-project/MVP

Premise 1:

Investors/Incubators over-estimate their ability to pick good ideas/startups.

Premise 2:

An MVP built by a lone, but talented techie is almost as likely to turn into something 'successful' as a startup on angellist that has: 4 founders, 9 advisors, 13 press releases, 600 followers, etc

Premise 3:

Most freelancers will not build and/or follow-through with their ideas, because they perceive their opportunity cost to be too high.

Premise 4:

HackerNews has a decent number of talented freelancers with good ideas.

Based on these premises, I present The Proposition [Version 1.0]:

I'll pay you $5000 to build the MVP of that idea you've been kicking around in your head for the last year. Once you're done (ideally within 2 months), you can go back to earning your full potential. At this point, I'll take over and spend an additional $3000 to acquire enough users/customers for us to evaluate the project's likelihood of success. We split the resulting company 50-50, as equal co-founders.

1088 points JaneLovesDotNet 14 years ago 377 comments

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