DerekQ
Joined 8 years ago
Joined 8 years ago
Fair enough if all you want to do is post to HN, but if posting to HN is only one delivery channel, you're giving up a huge audience just to placate techie UI sensibilities on this site.
Posting on my own blog gets me single digit views, because I don't have an audience of my own. Sure, I could and probably should work on that, but working on that is a long term plan. Posting to Medium via an established publication such as The Startup, HackerNoon or The Mission has delivered 5k to 50k reads (not views) for me in the past.
I think a sanity check is required here. Annoy a few techie users or have your work read by many thousands who would not otherwise read it. To me that's a no brainer.
Trip around the world, meditation retreat, extra-tech study, family reasons, whatever.
And of course, have your mind made up in case the answer is no. Make it clear that you've decided to take the time off regardless, but would really like to return to work for them in three months.
I've done this very thing myself. 2-3 months off, going part-time, etc. The cost of losing your experience and abilities down the road usually out-weighs any short term difficulties it presents to the company.
Business: Hotjar, Medium, Statcounter, Beanstalk
Yearly recurring: Fastmail, DevExpress, Add-In-Express, Office 365
A few hundred bucks is way too low for any library of substance that saves the local developers a few weeks work.
1. It allows you to work for 6-12 months and save up enough to take 2-3 months off to work on your startup — something that’s often required to build a version 1 of your app.
2. Contracts tend not to include the usual clauses such as "We own the ip to everything you invent, even in your spare time." And if they do they can be removed without difficulty.
3. It’s extremely forgiving of job hopping and spending short amounts of time with a company before leaving to work on your startup.
4. Contractors are usually not expected to work overtime, eating into side-project time.
On a different note, your use of the term "side project" instead of product, app, startup or business suggests you don't see this side project as a business or potential business. Maybe that's why your focus is on the money and not the business you might build.
I've always felt that "side project" is a terrible phrase to describe the early stages of a new business, even if you're starting that business while working a day job.
Very easy to jump jobs, though permie jobs have more hoops to jump through. Most jobs are big corporate, very few startups.
Working as a contract developer (rolling 6 months) at $11,500 per month (25 days holidays factored in). A similar permie role would pay about $8,500 a month + perks (health insurance, pernsion, etc.)
The work is generally not that challenging - a good dev with 5 years behind them could do it.
Typical rates of compensation for the middle man or company run from 1% to 8% -- it depends on the deal you strike with the company looking to raise money.
Of course, you need a contract laying out your cut. And... you need to be aware that you open yourself up to being sued down the road by the investor if his investment goes south and he loses money. This happens a lot -- especially when it's a private investor and not a company investing the money. For this you'd need Professional Indemnity insurance, and you'd need it for the next 10-20 years - the lifetime of the deal, basically.
That's why most payment collectors don't allow payments for porn sites. Husband pays for XXX.com on his credit card, wife sees the charge, husband cries out "It wasn't me, my card details were stolen." He initiates a chargeback as his wife stands over his shoulder watching.
More likely they started out working in C++, C, Java, etc. Back then more developers worked on desktop apps than web. C# first came out in 2000 (18 years ago), Python is 28 years old, Ruby 23 years old, so chances are their knowledge and experience is fairly modern apart from the current trendy web frameworks.