The co-founder tag has no wiki summary.
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2answers
34 views
Question About C-Corp, Shareholder, and Officer
Person A wants to start a C-Corp in California operating a news website. He is wondering if the following form is legal?
A is the only Shareholder and the only Director owning 100% equity.
A will ...
4
votes
2answers
227 views
Left my startup pre-launch. What percent equity is fair?
6 months ago I quit my job to start a startup with two other people. I'm the business guy. I worked full-time on the project from day No. 1, and made substantial contributions to branding, customer ...
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0answers
33 views
Setting a stock vesting schedule retroactively
So here's the the quick summary:
Three co-founders with shares equally divided. Started working on it about a year ago, got incorporated about 4 months ago. Now one of the co-founders wants to leave.
...
0
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3answers
74 views
How do I add a new business partner?
We are a tech consulting company and our current group consists of four equity partners. We are interested in adding a new "business" partner, as our current partners are all technical, but we know ...
7
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6answers
356 views
Sticky IP situation
We are in a sticky situation, that is no ones fault but our own. We had approached a developer to join our startup. After showing him the project he was excited and decided to join. Our mistake was ...
0
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2answers
64 views
How to find developers for a startup with next separation of the business?
I'm a software developer and I have made the first alpha version of my service. And now I need more human resources to make something significant.
I need people which will work for free yet. And then ...
4
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2answers
181 views
Co-Founder of Company wants to quit
I have a unique problem that I was hoping to get some clarity on.
The Co-Founder of our business (in Canada) wants to end the business and get out. The company has been operating for 3 years and has ...
5
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0answers
73 views
Should I bring in a co-founder, or hire? [closed]
I'm a developer, who has been working solo on a startup for close to 12 months.
The tech side is coming along well, but I'm acutely lacking in my business accumen, and sales skills.
Here's some key ...
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2answers
118 views
Cofounder has 10% as a designer
I'm in the process of building a new responsive web/mobile app.
After I quit my job and now full time working on it, I decided it will be a good idea to get a designer.
I wanted her to be committed ...
-1
votes
1answer
60 views
What should get a friend with an idea to smartphone app? [closed]
My start-up team knows someone who has come up with an idea for a new social application.
The potential is hard to forecast, and we can't be sure the effort will pay off.
We consider to implement his ...
1
vote
2answers
142 views
CEO didn't really function for a year+, steps down, but want to keep his equity minus a bit. Make sense?
We are 3 partners, working on a mobile / web startup for a year and 4 months.
The CEO didn't put this startup as his #1 priority as he's involved in some other ventures. Apart from a meeting or a ...
2
votes
1answer
96 views
Green card application for founder
I've seen a number of questions / answers on H1-B visas for startup founders. That's not an issue in our case as the H1-B process has been pretty smooth.
The problem we have is that we are now at a ...
0
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1answer
44 views
LLC partnership on student visa and then transfer to H1B
I am on F1 visa. I'm done with my masters and am on my OPT. Can I be a partner in an LLC?
What about when I go on H1B.
I'm looking to startup in Texas & California both.
I tried to look for some ...
1
vote
1answer
67 views
Co-Founder Help
I am only 14, so I don't have an immense amount of money to make my idea happen. While I am very technical, I can't write code from scratch. I am very good with selling my ideas and getting people on ...
0
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1answer
75 views
Equity split 50/50 and past contributions
I've checked other questions but none cover the topic of past contributions. I'm wondering how much weight does time spent before incorporating matter.
Do Founder A earlier contributions have enough ...
0
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2answers
33 views
Co-Founder for a Small Pet Care Shop
I'm about to open a Pet Shop mainly Dog Food Services and I have a friend who can add wide branding experience. The question is, should I pay for it or co-founder with him?
3
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3answers
130 views
Is my approach to find a cofounder flawed?
I've gone to countless networking events, underground entrepreneur groups, cofounder sites like CoFoundersLab, etc. I'm looking more on the business-dev. end.
I've talked to quite a few 1:1 and met ...
1
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2answers
120 views
How much equity for co-founder reducing role for academic program?
I'm a technical co-founder in a pre-funding company in a niche tech segment, working with two non-technical co-founders who have largely overlapping skill sets. I met them at a networking event and ...
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3answers
185 views
How to fire my Partner
I started a company in August of 2012 signing up 25 customers as a separate part of a corporation I have had since 2010 and brought in a partner in September. The partner did not put in any money but ...
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2answers
157 views
Single Founder Rate of Success
I've spent quite a lot of time, met quite a lot of people, but still am failing at trying to find a cofounder for my startup.
I've gone to numerous tech-meetups, met 1:1 with quite a few people, ...
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2answers
44 views
Cofounders allocation of shares upon death
We are two cofounders with unequal shares in our startup (70/30). If something happened to one of us (death), how are the shares handled in a will?
Does the surviving cofounder have to pay current ...
0
votes
1answer
167 views
What percentage to give UI/UX designer co-founder? [duplicate]
This is a general question for company shares:
My partner and I have an equal stake in our company. We want to bring in a designer since both of us suck at UI. We have one in mind.
Since we own the ...
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2answers
22 views
Director service contracts
The two of us are going to found a company and will work on all necessary tasks without taking pay at least for the first year. In this case, are we going to be Executive Directors? If so, will we ...
1
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1answer
155 views
Splitting equity between founders
X was working part-time on an idea and after about a year and a basic demo in hand, he talked to two potential people (A and B) who would become co-founders but would work part-time just like X. The ...
2
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1answer
117 views
When is a business cofounder needed
I am technical founder right now of my own software startup.
Right now, I'm developing the software and am seeking a business cofounder.
I lack domain expertise in the various parts of the business ...
2
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0answers
44 views
how to proceed with negotiations with contractor/early employee [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
I am one of three cofounders at an early stage startup. We have been working with an outsourced ...
3
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3answers
196 views
Do I have to sell my shares to my cofounder?
Our company ran low on funds about 4 months ago. We decided it would be best If I took on an advisory role and went to work elsewhere to cover my personal expenses. I have vested shares in a large ...
2
votes
1answer
204 views
Startup equity for co-founder
I've been working at a pre-launch startup for the past year (going to launch in the next several weeks). I'm supposed to sign my Stock Purchase Agreement soon, but wanted to run this by to see if I am ...
1
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1answer
116 views
Designer Pay and Equity
We have a physical product, with proprietary IP. My partner and I own 98.25% combined. We issued 1.75% ownership to a designer who wanted equity versus working "freelance". The designer owns his own ...
8
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2answers
258 views
Late founder equity allocation
Guy is late coming founder, the company not yet incorporated.
I designed the product (several biomed multisensor devices) and taken it from concept to a mature prototype ready for manufacturing (1 ...
4
votes
3answers
220 views
A case of co-founder misalignment
tldr; In a company with 3 co-founders, 2(say Adam and Charlie) are pulling in opposite directions, and everything is being decided by committee or things don't move fast enough. Need help exploring ...
5
votes
2answers
172 views
VP wants to resign
My boyfriend and i started an export company 2 years ago. I own 50% of the company. He holds a position as a President/CEO. We do not have a lot of assets but we have quite a few of liabilities owed ...
3
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3answers
186 views
Why investor require start-up having a co-founder?
I contacted a lot of investors and accelerators. I found most of them don`t care about the product itself too much, but strongly requiring start-up should have a co-founder.
Why?
Perhaps some of ...
1
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2answers
81 views
Functional model of co-founders work
Here's the problem for software development startup.
We're two. One can do a decent hard-skill programming. The other one don't know anything, except he has some capital ( approx. less than 10k, in ...
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0answers
26 views
Can a cofounder on H1 B earn money from the company [duplicate]
Possible Duplicate:
H1B co-founder for company that may not make profit for 3-4 years
me and a friend are planning on investing money to come up with a company. I would not be working for ...
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0answers
12 views
Seek advices for equity distribution about our situation [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
We are still in the early stage of a company doing seo syndication tool and I would like your ...
3
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2answers
198 views
CTO, what are the key elements that define your vision?
Maybe i'm mixing CTO with VP of Engineering here. But as a CTO early on in a 5 person startup that haven't built a prototype yet...What are the key topics or areas that you must have a vision for once ...
1
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2answers
198 views
Deciding between equal and unequal equity splits
I have read the multiple threads about equity splits but I am getting mixed answers. Mainly between this thread which pointed me to this The Founders' Pie Calculator which states it is a rookie, ...
9
votes
3answers
330 views
Can I divorce a co-founder
There are currently 3 cofounders and 1 of them is an engineer other 2 are sales representatives. Many of the times technical cofounder doesn't agree with our views and is backed by his team containing ...
2
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1answer
165 views
Technical Co-Founder Contract
There are a couple startups I'm thinking about joining. They are in very early stages (seed round or incubation). I am interested in the position of technical co-founder.
They've all asked that we ...
2
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2answers
152 views
Will my ex-partner have claim over my new business?
Background: My friend and I talked about building an application, saying this is the idea, let's see if we can develop something around it. After thinking about it for a few weeks it seemed not very ...
0
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3answers
174 views
Co-founder question
This is my first startup.
I was working with a friend on his startup. He was going to offer me 20% of the company and we worked on it for 4 months. The idea was good but we ran out of money before we ...
0
votes
1answer
130 views
What should be the role of other person I involve in Startup given my scenario
What shall be the role of the person I am involving in launching my start-up(about to register and launch), As initially I see me and him performing project management part of it(as implementation ...
0
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0answers
68 views
Toughest Exercise: Equity Split [duplicate]
Possible Duplicate:
Is performance based equity vesting possible?
Forming a new software startup, how do I allocate ownership fairly?
The venture was started by "A" and "B".
"A" worked ...
5
votes
2answers
198 views
What happens to the unused portion in an option pool at the point of an exit/acquisition?
Some details regarding my company:
I started off as a single-founder bootstrapped company (100%-owned).
Later I brought in two co-founders at 20% equity each.
So equity split was:
Myself - 60%
...
0
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0answers
21 views
Joining a startup [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
Apologies for the lack of brevity, but I wanted to give you a full picture of the situation. ...
2
votes
2answers
174 views
Terms of agreement with a co-founder after split-up
I recently quit working with my co-founder. We had started a software business together and had agreed on a certain profit share. But shortly after the launch of the apps, we had to split because he ...
0
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0answers
75 views
Change in equity split when founder is dying?
I'm currently involved in a software start up with two other people.
Abe started the company a couple years ago. He outsourced development for $100k. He's worked a lot of hours, but on a part time ...
1
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0answers
56 views
Technical Cofounder - How much equity do I ask for? [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
So, the situation is this:
Last year I was working freelance, and I was commissioned to build a web ...
1
vote
0answers
17 views
How to divide equity between founders in university spin-off? [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
The history of the project: The project started four years ago based on the works and idea of one of ...

