Once upon a time...
There was a handsome prince who ruled a stack of objective C and Cocoa coding books. Along came a princess who said ‘dude, are you going to use these or can I prop open the door with them?’. And thus the syndicate was born.
We are located in Salt Lake City and while building our office the hammer slinging was referred to as “going to work in the salt mines”.
Some Questions for The Syndicate
Let us break it down for you so you know what you’re getting into.
Can you build me an App?
You are welcome to join The Syndicate by submitting your app idea and being part of the team that builds it. We don’t do work-for-hire but there are plenty of places out there that do.
Can I work for you? Like with a salary and company Lexus SC 430 Convertible hard top?
Did you know the Lexus SC-430 Convertible Hardtop only gets like 12 miles to the gallon? For a freakin’ sports car! Seriously. We were bent too. That’s not the reason we won’t lease you one though as part of your perks pack. The Syndicate is a fluid collection of freelancers, we have no full time employees (our parent company pays our bills and houses us).
Who owns an app once it’s built?
The Salt Mine Syndicate owns the intellectual property and copyright to apps accepted for development. However, as a share holder you will continue to receive money from your app as long as it keeps selling.
How do I get paid?
There is a better explanation (by that we mean a picture) on the How it Works: Cashflow Page. Basically you get a monthly check for the profit shares you own on each app. Additionally there is an annual dividend which is based on how many apps you worked on.
What are the minimum payments?
Ok, that's not really a question we get asked, it would go something more like: Dude, I made $17.32 last month and I WANT MY MONEEEEEEEY. That being said, we have minimums to make out a check:
- $20 monthly minimum
- if you don't meet this then
- $100 annual minimum
- if you don't meet this then
- everything goes back into the Syndicate Coffers and is divided up in the Annual Dividend which has a $20 minimum.
What if I am the developer on an app and no longer wish to work on it or do maintenance updates?
Dunno yet.
What if we build the best app in the world and some huge conglomerate wants to buy it for $3 million?
We’d sell it in a heart beat. At that point we’d need to buy out all the profit shares and we’ll burn that bridge when we come to it.
I have another question.
Go ahead and ask. If it’s about our underwear, we always wear black Hanes that we buy on sale at Target.


