27 Aug

TechCrunch

A new startup called Late Labs wants to connect coders with worthwhile side projects, and to reward them for their work with startup equity. The company lays out the problem on its mission page: “For Hustlers, its hard to find Hackers.  For Hackers, side projects lose traction in the design & distribution phrase, and fizzle . . . out.”

So if you’re a developer looking for a side project, you can go to the Late Labs site and browse the menu of projects that are currently in development. If you decide to participate, you sign up to complete specific coding tasks, and each of those tasks earns you equity in the project. (You’ll get a contract laying out the details before you start.) To manage the actual code submission, the company integrates with code repository GitHub. Ultimately, the successful projects should spin out as standalone startups, and your…

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