Company looks like this:
investor = input money only 30% share
founder/developer (me) = input money ( about 1/2 what investor has ) and tons of sweat equity 1+ year 40% share
developer = sweat equity only 4 months 10% share
designer = sweat equity only 4 months 20% share
we have a working system, with a handful of subscribers and more every day. we are covering the expenses of running the system, and are starting to generate a small amount of cash flow.
Investor wants money back ASAP, and his share of the "exit" if we sell I dont really want to take any money out right now developer and designer want a share of the incoming revenue
what are some options around doing this ?
so lets say this:
investor has put in 20K cash
I have put in 10K cash plus work with a FMV of say another 10K
developer has put in work with a FMV of 10K
designer has put in work with a FMV of 10K
then lets say incoming revenue is $5000 in a month and expenses are $500.
1350 to investor (30%)
$900 to designer
$450 to developer
$1800 to me as deferred payment (debt)
so everyone continues to work, and add value ( except investor ) is that a reasonable revenue share model ? (based on percentage) should the equity ownership change for me vs. others taking money out ? should I take my share out ?