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S Dec 31, 2021 at 4:51 history suggested Doug CC BY-SA 4.0
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S Dec 31, 2021 at 4:51
Nov 21, 2012 at 21:11 vote accept Antoine
Nov 9, 2012 at 17:42 comment added MaximR @MichaelT It is a bit of a "hold-up" problem for the author, since if the code is not worth much outside of the start-up then on a purely rational basis the author should be willing to part with it for a price of a medium cup of coffee. On other hand COCOMO method might be good as an argument tool to say "Look you can get it from me or you can pay someone at least $X, and they will not take payment in the form of start-up shares, but would want cash instead"
Nov 9, 2012 at 17:29 comment added MaximR @haylem Fair point, but I think understanding the underlying economics can also help. And other founders maybe not be gullible enough to go for "I've spent 400hrs on this, pay me" argument. Otherwise collection of all the answers on codegolf.stackexchange.com would be priceless
Nov 9, 2012 at 17:20 comment added MaximR @MichaelT If the question is that 1 person invest $800k and another will agree to write 20k lines of code - this is a fair method. However, if the person already written 20k of code - the value of that to the author is only what they can sell it to someone else for. And the value to the company/other founder is no more than what it will a have to pay someone else to get it.
Nov 9, 2012 at 14:47 comment added user40980 @MaximR if there is any real value to the code that can be marketed, the value of the code is greater than the time it would take to write it from scratch. That is what the model identifies - the time to write the code. If the code is worthless, then the company founded on it is similarly worthless and the value put into the company is some percent of zero. The question that this tries to address is "if I write 20k lines of code and you invest $800k funds into the company, what would the break down of shares be?"
Nov 9, 2012 at 9:53 comment added haylem @MaximR: I agree with that, but at least there's some attempt at defining a measurement, whereas claiming that you are the de-facto owner and master of all that revolves around a startup because you contribute the original code seems a bit far-fetched and naively idealistic to me. It's a fair card to (try to) play, but it'll be more effective if you can back it up. In the end, what the OP wants here is bargaining power, and that would give him some (whether it is correct or not is a different issue, it does give some leverage though).
Nov 9, 2012 at 3:50 comment added MaximR I disagree that there's a minimum value to code, you can have 1M sloc project be completely worthless if it doesn't create value for the customers.
Nov 9, 2012 at 0:17 history edited user40980 CC BY-SA 3.0
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Nov 8, 2012 at 23:06 history answered user40980 CC BY-SA 3.0