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The biggest issue I have with ‘CEOs’ saying “work for free now but get a percentage of the company” is the hypocrisy of it. They are putting all of the risk of the business on the developers shoulders and bearing very little of it themselves. Most of these people with nothing but an idea are working in a full-time job and continue to do so during the life of the project as they don’t need to do much during development; if it fails, they don’t really lose much whereas a developer loses everything.
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