Boris Gostroverhov

Get 1% equity in a startup just by sharing your problem? It has become a reality!

Guys, over the past 3.5 months, we encountered one significant issue at ProblemHunt:

  1. Many contributors who shared problems aren't very motivated to provide feedback to developers for various reasons. Even among those willing to give feedback, not everyone agrees to work with more than 3–5 different developers (for context: currently, one contributor receives messages from 7–15 people on average). And without quality feedback, it’s difficult to clarify all the details and build a great product.

  2. To solve this problem, we talked to some of the contributors and found out: they are willing to provide feedback much more actively if they can receive 1% equity in the future startup. According to them, this would give them strong motivation to help with advice and actively participate in testing.

  3. Therefore, we decided to run an experiment over the next few months. Now, in the problem submission form, contributors can optionally indicate that they want to receive 1% equity in the future startup. And we will mention this in the publication for you.

  4. By the way, if you currently have a problem and also want to get 1% equity in a future startup, you can seize this opportunity right now on ProblemHunt! 😊

635 views

Add a comment

Replies

Best
Boris Gostroverhov

Guys, if you have any questions, please ask them here. I'll try to answer everything as quickly as possible. I myself plan to share a personal problem soon, for which I'd like to get 1% in a future startup. 😊

Kevin

@gostroverhovΒ Awesome news! I'll be sharing my problem soon πŸ‘

Boris Gostroverhov

@kevinmcclΒ Kevin, great, we're really looking forward to it :)

Victoria Gostroverhova

I'll be sharing one of my own problems soon, too. Getting 1% in a startup is much more motivating. And giving detailed feedback is more rewarding this way β€” it creates a sense of more personal involvement in the project.

Boris Gostroverhov

@gostroverhovaΒ Absolutely! Thank you for this joint exploration of contributors' needs on ProblemHunt :)

Zach

Just curious - what would the legal framework for this look like?

Boris Gostroverhov

@zactequeΒ Hi! We're actually working on this right now. We'll be announcing it soon, and all the details will be there :)