Does the TV show Silicon Valley accurately depict the way startups are incubated???
This is a silly way of phrasing my question, but it gets straight to the point. I have started work on a website (not yet deployed). At some point, after it's finished of course, I believe that I'll get over 100 orders per day, exceeding my capacity. Part of the problem is, the business will involve both selling products and designing the site. I'd like to work on it a few years, then sell it for a few million. But to get it up to max capacity, I'll need help, and I'd prefer they were other software developers.
So, back to my question, in the TV show silicon valley, software developers have verbal agreements with one another to own a certain percentage of the company. The founder (like me) would keep over 50 percent while the other team members would divide up their shares. But we all work equally hard on maximizing the business prior to selling and cashing out.
Is this model real?
This is a silly way of phrasing my question, but it gets straight to the point. I have started work on a website (not yet deployed). At some point, after it's finished of course, I believe that I'll get over 100 orders per day, exceeding my capacity. Part of the problem is, the business will involve both selling products and designing the site. I'd like to work on it a few years, then sell it for a few million. But to get it up to max capacity, I'll need help, and I'd prefer they were other software developers.
So, back to my question, in the TV show silicon valley, software developers have verbal agreements with one another to own a certain percentage of the company. The founder (like me) would keep over 50 percent while the other team members would divide up their shares. But we all work equally hard on maximizing the business prior to selling and cashing out.
Is this model real?
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