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?” 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, here are my recommendations.
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.If you have a specific question for your project, just go ahead and ask on myctofriend.co/ask.I will do my best to answer your question by video or redirect you to any existing content that will answer it.And also be sure to go through our other content here at myctofriend.co to learn more from real startup growth experiences and better manage your startup development.I will be waiting for your questions, and I look forward to seeing you in other videos. Cheers.
