Also, before you commit, get a copy of all the non-disclosure, non-compete etc. papers you'll be expected to sign upon employment and make sure you can live with them.
Have you already been in touch with the owner? I ask because from my experience - they typically already have a price in mind. So, if you get that from them you will have a starting point.
I wouldn't wait for it to drop either. Take some action up front, to at least find out what they would sell it for.
What should be done with ideas? We all have a ton of them - or there is no shortage good ones. I think many of us feel like we need to keep them quiet in case we decide to use them... but we actually never will us all of them.
It seem like a pretty common theme in stories/post on HN that ideas are really pretty worthless. The real value is in how they are implemented.
Good interview. He makes some good points on the cloud versus local security. Also, agree with his thought on interruptions and roles managers play in most companies.
I like that he sticks to his guns, he doesn't seem willing to compromise quality to make easy money.
People in business have friends who could always use an upgrade or need it themselves. Offer superior service, make it feel like you are taking care of them, on top of everything else.
What are they paying you for? Now charge a flat rate. Your total value isn't variable to them because you do a good job consistently.
This post is reminiscent of The Design of Everyday things. A book that receives much praise but really annoyed me. Not so much the message, but the way it was written.