Technical co-founder
- What you get
- A partner for years, not months. Someone who owns the product as much as you do.
- What it costs you
- A large share of the company, and usually months of searching before you find the right person.
- Right choice when
- You are building a company where the technology is the business, and you can afford to wait for the right person.
- Wrong choice when
- You need something in front of customers this quarter.
Freelancer
- What you get
- Speed and a low bill for a well-defined piece of work.
- What it costs you
- You become the product manager and the tester. Quality depends entirely on who you found.
- Right choice when
- The scope is small and clear, and you can judge the code yourself.
- Wrong choice when
- You are not sure what to build yet, or you cannot tell good code from bad.
Agency
- What you get
- A team, a process and a fixed scope with a date on it.
- What it costs you
- Cash up front. They build what the spec says, then hand over and move on.
- Right choice when
- You have a detailed spec, a budget, and someone in house to own the result after launch.
- Wrong choice when
- The spec will change once users see it, which is most early products.
Startup studio
- What you get
- A small product team that designs and builds with you and stays on after launch.
- What it costs you
- Cash, and sometimes part of the fee in equity. Terms vary a lot between studios, so read them closely.
- Right choice when
- You have customers and a problem, you want a partner with opinions, and you are not ready to hire.
- Wrong choice when
- You want to own every decision alone, or you already have an engineering team.