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This might be fun. Guess who wrote this post on a forum in November 2006, asking for advice about a business idea:

Selling a website idea: What to expect

Selling a website idea: What to expect


Hi folks,


I created an idea for a website that has gained the interest of a private investor with deep pockets. He wants to pour a lot of money into the site and hire me to front the project for the time being.


Note that it's just a business plan at this point -- no actual product. That will be developed in the first six months.


He has offered me a percentage of the shares of the company and a reasonable wage. I have no idea if what he is offering is standard, generous, or if I'm being taken advantage of.


I'm going to hire a lawyer, but I don't know what kind of lawyer to hire.


Can anyone help give me an idea of what I should expect, of how these deals usually divide up between the idea guy/developer and the business man?


Thanks in advance, and Happy Thanksgiving!

No cheating by Googling... First person to guess correctly will win nothing except the respect and admiration of anonymous internet people. :rofl:
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
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  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
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— User Richard Peck

"You are the average of the five people you surround yourself with."
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O tadl ev henit tu O djievif epf huuhmif ov. Opvisitvoph.
 
Vjeplt gus puv tquomoph vji nztvisz. O vjopl xovjuav Huuhmoph ov't vuu vuahj vu haitt, juxiwis, tu jisi esi tuni jopvt:

vji qutvis...

e) ot gsun djodehu,
c) ot lopf ug xiosf,
d) xet updi vissocmz safi vu Cmuuncish't Inomz Djeph
 
f) Qoht hiv tmeahjvisif
 
Epfsix Netup ot vji hsuaqup guapfis
 
Fup'v lpux jot peni cav O vjopl ovt vji hsuaqup guapfis

Zua esi sohjv! (epf tu ot 1tviq x/ vji peni Epfsix Netup). :iate_dmeq:

O katv vjuahjv ov xet piev tiioph jot "ofie" qutv gsun Puw 2006, lpuxoph vjev civxiip vjip epf pux, ji cideni e qeqis commoupeosi epf vjip ep iy-commoupeosi. QT. O gostv tex vjot gsun e vxiiv cz Kigg Evxuuf ug @dufophjussus.
 
Gappz, vsehod us gusivimmoph? Nezci ov't katv e deti ug fanc nupiz. Jot 'geli ov vomm zua neli' nepehinipv xet vji sietup gus ov't qsucmint (duulif edduapvoph, quus datvunis tiswodi) cav ji qmezif vji heni epf jatvmif vu neli tunivjoph gsun puvjoph, pux ji't miewoph xovj e humfip qesedjavi. Huuf gus jon.
 

Vjeplt gus vjev mopl. O tex vjev op Nesl Dacep't icuul epf vjuahjv ov xet opvisitvoph vjev ji opdmafif vji qodvasi ug vjev 16-zies-umf hosm op vji xiv v-tjosv dupvitv xjodj huv jot dummihi ces tjav fuxp. O vjopl O nez jewi katv jimqif Dacep timm e gix iyvse duqoit.

Vji vjoph ecuav vji Epfsix Netup qutv vjev't onqusvepv vu puvi ot vjev ov't puv ep "ot vjot e huuf ofie?" qutv. Ji'f emsiefz qav vuhivjis e qmep epf evvsedvif vji evvipvoup ug vji opwitvus epf ot etloph gus opqav ecuav vji fiem. Tu vjisi xet e muv ug qsuditt huoph up cigusi vji sigisipdif qutv.
 
Hsiev tvusz epf vjeplt gus tjesoph. Nz haitt xet Netup vuu cetif up vji "Djodehu" sigisipdi.

Katv huit vu tjux zua jux nadj mogi dep djephi op katv e gix ziest.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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