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Thanks sherm8n. Happy to chat to anyone about best practices, but our platforms lets you set commission and make payouts.


GrowSumo (YC S15) | Toronto, ON | Full Time | ONSITE

GrowSumo makes it easy for SaaS companies to generate revenue through people that recommend products they love.

We’re looking to hire a full stack web developer; as the first technical hire, you’ll help shape the company as it grows. You’ll make significant decisions about the product and will be looked upon as a leader as the company scales.

We use Python/Flash, JavaScript/AngularJS/Node.js, Postgres, Redis, and run on AWS.

Reach out if you have any questions (bryn at growsumo dot com) or apply directly at http://bit.ly/1PQ6WMI. Cheers!


There's no success state on your contact form.


Thanks for the feedback! I have put it on our todo list.


https://joinpod.com

Pod's a group organization tool -- we're like a more functional Facebook Groups. Users organize teams around Pods and people can create tasks, schedule meetings or events, or post in forums.

Demo http://youtube.com/watch?v=LY2DzXf8WwI


We've received similar feedback from other users; calendar sync should be integrated in the next few weeks.


That's awesome, I'll be sure to check back


Fair point -- we're still testing, so for now it is free. Our longterm strategy to adopt a pricing model similar to Github; make the platform free for public groups, provide users 1-2 free private groups, and charge users to create additional private groups.

I will make the changes, but I hope that provides some clarity.


Speaking as a student: please have educational, and primarily, student and faculty pricing.

Too many businesses assume 501(c)(3) or bust. Most student organizations are not 501(c)(3) because that takes time and money, and in some settings, can even jeopardize affiliation with the school. The result is that student organizations exist in service purgatory between being full non-profits and educational groups. Our ability to request educational and 501(c)(3) services is either limited by legal status or the school's administrators.


Way ahead of you on this -- on-campus students groups will have access to the platform for free. However, large organizations like students' unions, regional, and national groups will have to pay.


Validation is often oversimplified.

Driving traffic to a landing page validate's that you're good at marketing; signups validate interest from consumers; feedback provides insight for product development. However, none of these actions validate your idea.

Product demo videos provide people the context they require to properly assess the value of your idea. The best demo videos quickly describe the value of the product and then provide a use case which creates context for the audience. Finally, they end with a QUICK walk-through.

Drew Houston launched Dropbox with a product demo https://www.youtube.com/watch?v=7QmCUDHpNzE. Try to think of validation as an ongoing process and product demos as the next step.


"Validation is often oversimplified."

100% agree. It's very difficult to get "honest" feedback without getting a product in the hands of users.


I understand this is easier said than done, but stop living in the future and start enjoying the present. One way this can be achieved is by setting short term realistic goals; learn a skill, volunteer, help others, meet new people, etc.

This might sound cheesy, but fulfillment and happiness are usually achieved in the process of working towards your goal, and are rarely found after an accomplishment.


Based your the description you've provided you shouldn't split anything, but I'd need more information to answer your question.

Has your co-founder brought in any sales? Does he have any industry expertise? A strong network of customers/advisors/investors? Is he leaving a high paying job? If the answer to all of the above is no, then it's hard to justify giving him much...

It sounds like you've done all the heavy lifting, but understand there's a lot more to come; ask yourself whether you want to do this on your own; ask yourself whether you want to do this with anyone else.

No one wants to leave their job for anything less than 10% (with no salary). Also, if he's 'your guy,' make sure he feels like a co-founder; someone who can share the pain.

Finally, make sure you sign an agreement wherein the shareholders earn equity after a specific date (this is called a cliff, it typically occurs after 12 months), and that equity vests over a specific period (typically 48 months). You can find a lot of information on shareholder agreements online, but at some point you'll want to see a lawyer.


    Has your co-founder brought in any sales? 
No, but we plan on going to sales meet together.

    Does he have any industry expertise? 
No, I had to explain the industry in it's entirety.

    A strong network of customers/advisors/investors? 
No but knows other sales people.

    Is he leaving a high paying job? 
I think it's high paying, but not 100% sure what he's salary is.

The thing is he does feel like a co-founder, he got everything I explained very quickly, we think similarly and dig the vibe. Now he wants to code and help out on the dev side (as he's done it on the side on and off), which I welcome.

Do you mean after a year, both of us start earning equities? What does it mean to vests? I will consider a lawyer.


Chris Dixon does a great job at explaining vesting schedules for founders and employees http://cdixon.org/2009/04/21/founder-vesting/.

If he feels like a co-founder then you should be able to have a conversation with him about equity; if things go poorly then the partnership was never meant to be. Use this as an opportunity to discuss commitments and expectations; will he quit his job? how about cover costs?

Some people suggest that equity should be awarded based on set milestones, but I think this strategy makes people feel more like employees than co-founders.


Thank you for addressing the value of individualized learning and for assessing your experience based on the knowledge you acquired as opposed to your employability.

For every person that learns something on their own, there are many more that pay for courses, tutors, and even private coaching, due to some of the reasons you mentioned. I don't understand why programming is any different.


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