The Exchanges

Every argument clarity score on this site is built from rows on this page. Each question and answer was assessed with names hidden, the host's own answers included, on four things from 1 to 5: directness (does it answer the question asked), coherence (do the ideas follow), precision (concrete details and clear references), compression (says a lot per word). The weighted mix (30/30/25/15) is the exchange score. A person's published score averages their exchange scores on raw tape only, at least 8 of them, shrunk toward the cohort mean. Full method →

John Steele no published score: no usable exchanges on raw tape, and a fair score needs 8+ · coarse estimate ≈4.5/5 from 4 produced feed exchanges record → ← everyone

Every exchange below was scored with names hidden, four dimensions each from 1 to 5. An exchange's score is 0.30·directness + 0.30·coherence + 0.25·precision + 0.15·compression. The published score averages the raw tape exchange scores and shrinks small samples toward the cohort mean, so five great answers can't beat twenty good ones. Produced feed rows count only toward coarse estimates, never toward a full score.

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Answered produced feed D 5 · C 5 · P 5 · Cm 5 5.00

Q Yeah. Uh, okay. Interesting. Um, I'm trying to think about how your model scales, right? I mean, can you build this into a company that's going to do five million this year?

A It's tough. Um, our five million goal is in three years from now. Um, we, we've been growing at a hundred percent a year, but that's because we've been small. Um, we expect to grow about 75% for the next three years. Um, it's not, like I said, series code is not a SAS operation. Um, it's tough to, uh, grow because the, the team captains, right? The person who runs a team of developers, um, is the architect, is the project manager, is the client contact. They kind of are the glue that hold this thing together. And we have to find that person each time we need, you know, each time we bring in three or four clients, there's a new team captain that goes in there. And that's a, that's a tough job. It takes us a while to vet and find the right people.

AI assessment note: “our five million goal is in three years from now.”

Answered produced feed D 5 · C 5 · P 5 · Cm 4 4.85

Q Interesting. Okay. Um, one of the fears that new founders have in working with somebody like you is what if I get to the point where it takes me longer to scale? I can't afford John's bill. Even with the equity share, I can't lose him because then I'm screwed. He knows the whole code base. How do you deal with situations like that?

A So of course we can just put everything on hold. Um, you know, that that's usually not what we want, but we'll usually pop down to that. Um, we'll call it a bridge time where we'll go down to 18% in cash. And the rest on equity. Don't, don't tell anybody this, but, uh, we'll usually do that to help people get through a tough time. Cause we often come in say a few months before the seed round is going to close. And oftentimes those take a little bit longer than people expect to close. So we'll, we'll help out during that time. And we'll usually, you know, do it in a way that we can continue developing so that we keep making progress on the product as well.

AI assessment note: “we'll call it a bridge time where we'll go down to 18% in cash”

Answered produced feed D 4 · C 5 · P 5 · Cm 4 4.55

Q what's the typical, so, so, I mean, what's the typical gig? If someone's listening right now and they're going, Nathan, I'm a, I'm a business person with a big idea, but I can't seem to get a developer to work for me at a decent price. And they want to use somebody like you. What are they going to pay you to get a kind of a basic MVP up?

A So that's the thing, right? We go to a lot of, uh, you know, like the fun conference or tech stars or Rocky's Venture Club. And I get to hear a lot of people talk about the Either themselves or the friend they know who, you know, scraped together 50 or a 100,000 dollars to build something, but that's not enough to usually go get an agency to do something for you. So they hire some guy in the basement. I mean, I'm in a basement, but hey, um, you know, they get some guy in the basement who they can afford. And many times after that, they have nothing to show for it. Um, and they're out, you know, that money was put on their credit card or their home equity. So our goal was to bring world-class software development, you know, a true agency to people who wouldn't usually be able to So we put together packages that help startups actually be able to afford it. So, um, people can split the payment between cash and equity. Um, so for example, our publish rate is 84 dollars an hour, but we'll do a 50 50 split. So you can get the cash portion that you have to pay down to 42 dollars an hour, which is usually at or under what you're going to have to pay anybody else. And for that, you get a team leader and usually a front end developer and a back end developer.

AI assessment note: “our publish rate is 84 dollars an hour, but we'll do a 50 50 split.”

Answered produced feed D 4 · C 4 · P 3 · Cm 3 3.60

Q you obviously can't extend this to everybody because you have to make, you have to put on your VC hat a little bit and say, what's the likelihood they're going to do a funding round or not? So, I mean, how many times have you done this with a company and still today, a year, two, three years later, they still haven't raised any equity or had a liquidation event?

A So our, our early, uh, clients are like that. The ones where John Steele was the salesperson, right? Um, we have a couple that are still, you know, in that they, they haven't shut their doors, but they're still going. We're still providing, um, work at a really great price. Um, We are getting better and better at vetting clients who come out. We haven't had anybody go through a round yet because the series code. So As auxiliary teams, I was doing this. It was the wild west. Whatever John could negotiate is what we went and got. We decided to put a product around it really. And that's where we got the lawyers involved and wrote up the contracts and made it a standard offering at the beginning of this year. So all of those clients who've come in this year, nobody's gone to financing yet. It's a little too early. Um, but yeah, so we're still going through it.

AI assessment note: “We haven't had anybody go through a round yet because the series code.”

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