Tuesday, May 12, 2009

Equity for service

http://www.centernetworks.com/sproutbox-incubator/comment-page-1#comment-25737
“The SproutBox team includes full-time coders, creatives and business experts who provide a range of essential services for start-ups — from software development and marketing to administrative assistance, HR, and accounting.” Basically SproutBox looks like a full-service Web shop that helps to get an entrepreneur’s idea from concept to initial launch while taking an equity stake in the company.

I’ve often wondered whether something like this would fly here in New York.

There is something similar in Sydney called Pollenizer

Considering how much of the basic, forms, tools, accounting, legal advice etc can be cookie cuttered it seems to make good sense to me.

What do you think? would you give up 15% for free offices, consulting and legal advice for 6 months?


Cheers,
Dean

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