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Loom

Build ideas with equity.

Discussion

Kevin Leneway
@kleneway · CTO / Co-Founder, Haiku Deck
While I appreciate the creativity here, I would really be cautious about paying freelancers with equity. This can create a messy cap table that will likely cause problems when you go to raise money.
H
Gabriel Nechita
@nechitagabriel · Full-Stack Developer
I really find this idea amazing because I personally know a lot of people with ideas willing to connect with remote developers/freelancers to build a product, but they lacked a transparent tool to manage this whole relationship. Loom really makes this whole connection thing very easy. You can pay the freelancer with equity or cash. I also added the found… See more
Ravi Srinivasan
@ravsydney · Founder - TruContacts.com
Concept is great Andy but what is your role in building trust between the freelancer and the business? What do you do to assist with due-diligence (skills, quality of work, reputation of the business etc.)?
Garik Avetisyan
@garik_avetisyan · changer
I think the success of every business is connected with mutual relationships and trust of the partners, without it can be no success. Is similiar to marriage thing. Even best friends open a venture, but within months they cannot handle conflicting situations.