I have seen similar questions, but am curious if this seems like a fair arrangement.
Partner and I have already started a 50/50 split LLC.
Myself: Technical vision, skills, no capital investment expected from me.
Parter: Idea Guy, funding 100% (albeit relatively low startup cost and low maintenance), manage legal aspects, marketing, book keeping, etc...
To be frankly honest I don't really anticipate it being that successful, it may make a modest profit, however my motiviation for this is because the project is technically intriguing to me and I would like to have Co-Founder on my resume. If I were expected to put up any capital then I wouldn't have agreed to do this.
At first it seemed fair, but then I started thinking about how critically flawed the idea is and how little it would actually cost to get it started.
Do you feel a 50/50 partnership is fair in this situation?