Today, I’m going to answer a question from Cedric, a startup founder who is about to outsource the development of the first version of his product.
His question is: “A Web agency proposed to build my app in exchange for equity, should I go with it?”
Cedric and his co-founders are building a health tech startup. They have a deep understanding of their market and have found a great opportunity to build a new service for it.
With only a few investments and no technical co-founders, they are wondering if they should consider the deal a Web agency is proposing, which is to take a big chunk of their startup company equity in exchange for providing software development.
This has become a regularly asked question, and I have my own personal take on it. But if like Cedric, you want to associate with an agency or a developer, watch the video to find out my recommendations.
Make sure you also check out the free course From Zero to Million Users if you want to learn more about what needs to get done at each step of your development, and master tech management techniques so you can lead your project at every step: https://myctofriend.co/zerotomillionusers