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2
votes
3answers
205 views

Looking for a business development co-founder

As a start up that has already a development team and a product in beta status we are looking for a co-founder that could bring the start up to the next level. I found some resources about how to ...
1
vote
1answer
119 views

How to divide assets of a defunct business?

I'm going through a breakup right now with my partner, where he and I started the company as 50/50 owners and then later brought on a third party which was then split 38/38/24 between us. This was a ...
0
votes
0answers
47 views

How to find a co-founder in the US? [duplicate]

Possible Duplicate: How do I find a technical co-founder? Finding potential co-founders for a startup I am willing to move from france to the US but it seems hard without a co-founder to ...
2
votes
2answers
224 views

Dealing with uncooperative co-founders

Just Started a business with some co-founders. How do I set up a system so that: When a co-founder is unwilling to work/cooperate with the rest of the team He/she is removed Thanks
3
votes
4answers
473 views

Am I a co-founder?

I'm trying to figure out what my role is... Backstory: Late last year (October/November) I was asked by an acquaintance If I'd be keen to help develop a SaaS product that he & his brother had ...
0
votes
3answers
187 views

How to evaluate startup co-founders based on testing their leanness and agility skills?

My guess is as in most cases existing relationships and/or validated relevant past experiences are a great start, but wondering on a ad-hoc basis what the best way to evaluate startup co-founders ...
5
votes
4answers
1k views

What to do with equity when leaving a startup you co-founded?

I have already read many of the posts here about this topic and I got very good insights already but I was hoping to get some tailored advice for my situation. I have been working two years in a ...
1
vote
0answers
85 views

Equity for a technical cofounder [duplicate]

Possible Duplicate: Forming a new software startup, how do I allocate ownership fairly? I'm a developer who has been in contact with a nontechnical cofounder to become the technical ...
2
votes
2answers
187 views

Introducing the idea to friends I'd like to add to the startup - How to and at which conditions?

I'm in the process of trying to establish my first startup. At the moment I'm working with a friend of mine on developing the idea, and we had already created a prototype for our product on a mobile ...
3
votes
2answers
534 views

How much equity to give up front

Myself and my partner are both sales guys. I had a terrible business idea but after meeting with my future partner over lunch one day he made it better by with a few suggestions that I knew were pure ...
1
vote
1answer
356 views

Tech cofounder equity [duplicate]

Possible Duplicate: How to Divide Up Your Company's Equity I am teaming up with two co-founders to build a web platform. The two partners are business guys while I am the sole techie. I ...
0
votes
0answers
66 views

Startup Weekend Startup Ownership Dilemma [duplicate]

Possible Duplicate: Forming a new software startup, how do I allocate ownership fairly? So, we (me and my team) just won a local startup weekend event. Now, we obviously want to turn this ...
1
vote
3answers
403 views

Dividing equity among cofounders when one person is doing most of the work

I shared my startup idea with two of my best friends and it seemed like a great thing to do at the time. The entire thing basically revolves around a particular kind of content and let's just say that ...
1
vote
2answers
632 views

Equity split and keeping control of an early startup LLC in the long term

The CEO of an early stage LLC plans to keep control of the company in the long term. To achieve this, he plans on keeping at least 51% of the equity. The company has 6 founders in total. While it is ...
2
votes
2answers
1k views

Non-diluting equity for founders on an early startup LLC

The CEO of a LLC early startup plans to assign non-dilutable equity to the founders. Each founder will take a small amount of equity, leaving a pool for future employees and investors. IMHO, what ...
1
vote
2answers
70 views

Is multitasking in a start-up (even a big company) advised?

Im asking this as im not sure whether it is better to have partners, who are good in more than one discipline (eg sales/marketing and development/programming), share their time across departments or ...
4
votes
1answer
221 views

Start up valuation - how much equity

Approached by 2 founders that are very early days of executing an idea. They have some good .com properties that will be central to brand/idea and had recent offers around $100K, with one outlier ...
3
votes
1answer
163 views

Undisclosed equity: advantages and disadvantages

The CEO of a LLC early startup plans to distribute equity among the founders. Each founder will not know how much equity the other founder has. What are the advantages and the disadvantages of doing ...
1
vote
1answer
49 views

When is it a good idea to split off a new company for investment?

I'm a co-founder of a three-person software consultancy shop. We've been working largely on our own projects with our own clients and have occasionally helped with each other's projects quite ...
5
votes
2answers
533 views

How to kick out useless person in startup

Our startup has a person who holds a very high percentage of the company's common stock. We don't have any money yet, and we've been working for a year. This guy has done an extremely minimal amount ...
2
votes
1answer
204 views

Evaluating a “co-founder” offer

I was presented with the following offer and while I'm waiting legal advice, I'm interested to know your opinions. I'm been offered a "co-founder" seat with a bit over 10% in stock options vested ...
0
votes
3answers
194 views

Can I create a startup without a business co-founder at first?

Long story short: I've had my fair share of bad business partners (the ones who were supposed to fill the holes on the business end from legal to marketing to sales). Being a technical person with ...
0
votes
3answers
204 views

Partnership Question

I know there are tons of partnership questions, so I hope it's ok to add another one to the mix. I have been bootstrapped my own software product for the last year while still having a day job. The ...
0
votes
1answer
67 views

How to make sure ,to be partner won't turnback after getting the lead

We are planning a start up website to sell few products which are available locally but have quite demand on other places. Here to outline I have the following experience: 1. Strong Technical ...
2
votes
7answers
848 views

How to find a software developer partner for an already profitable project?

A while back I outsourced the development of a .NET application via a freelancing site. I then marketed the software on a small scale to test its commercial viability. Sales were promising, and the ...
0
votes
3answers
268 views

Is this equity split unfair?

Ok, so I'm a developer. I was approached the other week by a friend who had an idea for a website that he wanted to make, and he came to me because a) we know each other, and b) I've given him useful ...
-1
votes
1answer
326 views

How to split money on a start-up business with 3 Co-Founders!

2 other guys and myself decided to put together a young mens online magazine. We collectively came up with the name, but I came up with the concept of the magazine. 1 guy does the writing and the ...
7
votes
8answers
1k views

How to tell my co-founder that he is lazy and needs to step up his game?

I have a two member software start-up with a co-founder who is also a very good friend. We make decent money through our products and services, but could do much much better if my co-founder did not ...
1
vote
2answers
426 views

I'm a part-time founder working with two full time partners. What is an appropriate equity share?

This is an update to a question I posted a few weeks ago. Help would be GREATLY appreciated. I'm a co-founder of a new startup with two other partners. We are just hammering out terms (equity share, ...
1
vote
1answer
63 views

Should I get an Advising/Support Co-founder

I've been wanting to try my hand at my first serious start-up. Since I can't bootstrap due to lack of funds I began to start researching incubators going as far as meeting with some of them and ...
2
votes
1answer
139 views

Equity redistribution after team shake up, product pivot

I joined a year old startup as employee #2. There were 3 cofounders and 2 part time employees as well, so 7 people at the peak. I got accustomed to the team, product and business during a long mutual ...
1
vote
4answers
269 views

How to divide equity among 6 founders when you desire to also get VC funding

I am looking to create a company with 6 founders. Reason being...I need them all and they are all genius. Because they are all already highly compensated at great companies, equity will be my only ...
3
votes
4answers
677 views

Equity for a part-time founder?

I'm a co-founder of a new startup with two other partners. I'm a designer and they are a developer and biz dev guy respectively. We are in the initial prototyping phase for the project and will be ...
6
votes
4answers
339 views

What should a technical co-founder look for in a business co-founder?

This is the flip side of this question about what to look for in a technical co-founder. If I have technical skills and can build a prototype myself, what sort of skills or experience should I look ...
0
votes
2answers
288 views

Vesting Schedule for an initial “100% CTO”

Classic case startup, 1 biz-dev + 1 techie. The 1 techie gets to be the lone warrior to build the entire contraption. The gut rule seems 50-50, but there are complications with that. What's a better ...
2
votes
2answers
86 views

Should non-technical entrepreneurs get product management training?

So this is my case: 1) I don't know programming 2) I don't know much about product management 3) I don't have a team nor do I have a prototype/idea yet. So would I be better off : a) training ...
5
votes
3answers
286 views

Do I need a tech co founder at this point?

Here's my situation. A year ago I outsourced a website to be built. Went into it blindly, failed miserably, lost tons of money. Moved on. In the meantime, I've come up with a new concept for a ...
0
votes
1answer
157 views

who can qualify to be a co-founder?

I am working on my project full-time w/o income for a while, now it's getting to the end and I need someone with marketing experience to on board and help out, and a technical guy for final ...
0
votes
3answers
75 views

Where to look for Japanese speaking tech. co-founder?

I have a sort of "specific" dilemma. I am a founder of start-up (business networking platform) which target market is East Asia and Japan being one of the most important markets. Our beta is ready to ...
1
vote
1answer
259 views

how much ownership or equity percentage should be given to co-founder?

For a cofounder who has separate full-time job, has no other investment to my startup except some time or effort on few projects/items that are needed. W/o no salary, how much of the ownership/equity ...
5
votes
3answers
131 views

How should I move forward? [Details inside]

I am an 18-year old individual, in my first year of university. At the beginning of the university year, I had an idea for a website that I followed up on and have, at this point, created a product ...
15
votes
5answers
942 views

Is it considered stealing to create a startup around someone else's idea?

A business partner and I have been "working" through email together on this idea HE had. I've put in 25 hours a week for the past 3-4 months developing it, and he hasn't done much of anything on his ...
2
votes
4answers
257 views

Is a 50+ year old technical Cofounder a “fit” for a social mobile app?

I have a very specific situation regarding a potential cofounder, and would be really grateful for your feedback. I'm working on a LBS mobile app for meeting new people in real-life. I'm in my 20's ...
-1
votes
3answers
186 views

Should I take on a marketing partner to sell my product ideas

I am having good success with freelance sites over the last three years. I want to take the next step now: create my own products and services, with the goal of generating stable cash flow, so I can ...
2
votes
3answers
222 views

How to split ownership <promise a long but interesting case-study here> in a startup with a scenario like the one below?

All, This is a case with a friend of mine who is a first-gen entrepreneur and close to cutting a deal with Angels for a funding of $400K. But before I ask you his question, here is the situation, ...
4
votes
4answers
570 views

How to split ownership fairly when founders put different amount of work into the company?

So I read this question on how to split a start ownership fairly. Forming a new software startup, how do I allocate ownership fairly? There the answer says that we should split the ownsership 50%-50% ...
4
votes
5answers
308 views

How much of this company should I as -and angel investor own?

I current own my own business and make quite a bit of profit. Well I am looking into other things and found some friends that have a good idea that I am interested in. These friends only have the ...
2
votes
2answers
109 views

Co-Founder's Credit

So I have a start up I am working on and given that I am a technical person I have been out looking for a business co-founder. I approached a former co-worker of mine with business experience and ...
2
votes
4answers
281 views

How do I find a business partner locally?

I have a great idea for a website. I am looking for a partner here in Miami, Fl. What is the best way to find one?
1
vote
1answer
158 views

How does equity get distributed?

I understand the whole process of how equity should be divided, but what is the actual technical process of distributing equity? Is it a contract? How does someone sell their equity? If I want to give ...

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