A real company
Incorporated, or ready to be before we sign.
Applications open
One founder. One product partner. No fee, just a minority stake and a shared reason to build the right thing.
Discovery
Product design
Engineering
Launch
01 · The arrangement
You incorporate and own the company. I take the product from first question to first customer, in exchange for a passive minority stake.
No cash feeNo retainer, hourly rate, or kill fee.
Your company owns the workAssigned from the first commit.
You keep controlNo board seat, voting rights, or veto.
Terms before workScope, milestones, and vesting in writing.
Aligned by design
If the company goes nowhere, the stake is worth nothing. So I will challenge scope, cut the wrong features, and care what happens after launch.
02 · The fit
Early is fine. Unexamined is not.
Incorporated, or ready to be before we sign.
Full time now, or by the time the product is ready.
You can explain who has it and what they do today.
Something useful to real people, not a fundraising demo.
What decides it
I read every application myself. Evidence beats conviction: conversations, observed behavior, domain experience, access, timing, or distribution. A thoughtful early idea beats a polished answer with nothing underneath it.
03 · The process
Take an hour. Specific beats polished.
Thirty minutes on the problem and fit.
Define the first complete product.
Milestones, stake, IP, and exits in writing.
Weekly demos until launch and handover.
04 · Scope
Scope is settled before we start and written down.
Included
Yours to run
05 · Questions
It depends on the build. I scope first and name a number second. It is always a minority stake, agreed in writing before anything starts, and you can walk away at that point having spent nothing.
No. No board seat, voting rights, veto, or approval over hiring, fundraising, or direction. You run your company. I hold a passive stake.
Your company does, assigned as it is written. If we stop halfway through, you keep everything built to that point, including the repository and documentation.
You can, at any milestone. Unvested equity does not vest, completed work remains yours, and neither of us owes the other anything further.
By the time we sign, yes. If you have not incorporated yet, the entity simply needs to exist before there is a stake to grant.
Nothing to me. Hosting, third-party APIs, domains, licenses, and app-store fees remain your company’s running costs. I estimate them during scoping.
A handful each year. A product takes months of focused work, so accepting one means declining several others.
Applications open
If you are not sure you are far enough along, apply anyway, and say so.