Tagged Questions

4
votes
2answers
247 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 ...
0
votes
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, ...
0
votes
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
vote
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 ...
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 ...
0
votes
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 ...
1
vote
2answers
256 views

Dealing with Co-founder without the same commitment

Imagine the following scenario: 1 founder and self proclaimed CEO , created an idea for a new website internet services, and started developing it. The core of the system is done, he decides that one ...
2
votes
1answer
108 views

Moral Question regarding Co-Founders

When I joined a friend at our start-up I said I'd do two years then leave (I want to do other things), so we raised seed and my two years were up a few months ago. Now we're trying to raised a series ...
6
votes
5answers
651 views

Should I drop my co-founder?

So I started building this company back in January, completely on my own. I knew there would be a lot of work to be done, so just recently I told a PHP buddy about the site. He got really excited ...
5
votes
4answers
349 views

How to build a founding team

I am working on a startup idea, and currently I am taking it solo. I would very much like to have 1-2 other people to work on it with me. I am a programmer, and I would like a 2nd programmer, and ...
2
votes
3answers
301 views

Where to corporate if founders are temporarily in two different states?

Currently one founder is in Michigan and one is in Texas. Neither of us plan to live in these states for much longer. We both will more than likely end up in NYC. In the meantime, should we hold ...
0
votes
2answers
97 views

Is it easier to find a job in a new industry or a co-founder?

I am not trying to flame or troll the board. :) And putting aside for a moment the issue of whether someone who is looking for a job is cut out to be an entrepreneur..... It seems to me that many of ...
2
votes
13answers
772 views

The Single Most Important Trait of a Founder

So I've been thinking a lot about important traits of startup founders. I keep coming back to the notion that the single, most indispensable trait of a startup founder is the ability to pick up the ...
1
vote
4answers
2k views

How to vest founder equity with full time and part time cofounders

Here is the situation. I'm working with two other folk on our startup and we are now planning to incorporate. We're trying to figure out how to allocate founder equity between ourselves. So far, we ...
3
votes
4answers
508 views

Startup organization before incorporation

I'm beginning a startup at my school. Right now its just me doing all the work, but i am gathering a team that will ideally be my co-founders. I wont be incorporating any time soon, but i will be ...
9
votes
11answers
3k views

What's a reasonable amount of equity to retain when you're the key founder?

I'm working with two other partners to get a SaaS startup off the ground. I worked on this thing slowly, mostly on my own, for about two years before approaching my partners. As a background, I knew ...
5
votes
7answers
947 views

How late in a startup's life can you bring in other co-founders?

Is there a time in the life of a startup after which you can't bring someone on board with the "cofounder" designation? I've observed additional cofounders coming onboard past the founding event, so ...