I'm sorry to hear that the company burned all the money. Is there any chance of still being successful? How is the traction? Can you see a path forward?
I had a similar story. I was hired as the first engineer after a mobile agency had built native (iOS/Android) mobile apps.
I built a React web app to support scaling, rewrote the mobile app in React Native to ship faster, and built a ton of features.
We went from 0 revenue to 100k+ ARR, and I got 5% of the company on paper. Then, I hired a small team, and the company scaled to 10M ARR.
I left the company because I had a disagreement with the founder. Today, it is probably doing 20M in ARR, and my 5% (which I still have on paper) has never turned a dollar for me.
I've found that contracting to just do the work to build peoples ideas, getting your paychecks, and maybe a tiny bit of equity when you can negotiate it, is a safer long-term bet than any founder/co-founder experience.
I'm sorry to hear that the company burned all the money. Is there any chance of still being successful? How is the traction? Can you see a path forward?
I had a similar story. I was hired as the first engineer after a mobile agency had built native (iOS/Android) mobile apps.
I built a React web app to support scaling, rewrote the mobile app in React Native to ship faster, and built a ton of features.
We went from 0 revenue to 100k+ ARR, and I got 5% of the company on paper. Then, I hired a small team, and the company scaled to 10M ARR.
I left the company because I had a disagreement with the founder. Today, it is probably doing 20M in ARR, and my 5% (which I still have on paper) has never turned a dollar for me.
Thanks for sharing your story.
Right now, it's totally dependent on how the founder takes the call. I am trying my bit, but as I'm way away from marketing right now, I have no clue.
You probably meant to post this on LinkedIn and clicked the wrong tab.
If you didn’t, you can write like a human here.
No need to make every line a slogan.
Still I am grateful for this opportunity to spread my knowledge.
Onwards and upwards to the next comment section.
I am not active on LinkedIn, as I mentioned that I am active on X, and i just copy pasted from there.
Peace.
A founder came to you with just an idea and you went on to build it? You should have been a cofounder from the beginning.
I've found that contracting to just do the work to build peoples ideas, getting your paychecks, and maybe a tiny bit of equity when you can negotiate it, is a safer long-term bet than any founder/co-founder experience.
I just took the project as a consulting project so I didn't expect much. And a founder was only looking for DEV!
AI slop. Please see the Hacker News guidelines on writing with AI.
used AI to fix my English, sir!