The co-founder tag has no wiki summary.
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 ...
3
votes
3answers
220 views
Establishing shared ownership
What is a reasonable software start-up ownership share between founders when one is more senior, putting in some of his own money and able to raise angel money from friends, while the other two are ...
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 ...
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 ...
3
votes
2answers
531 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
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
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
2answers
625 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 ...
3
votes
1answer
162 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
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 ...
1
vote
4answers
1k views
As a founder/shareholder/officer in a startup, do I pay myself as an employee(W2) or contractor(1099-MISC)?
I've looked around, but can't seem to find a straightforward answer for this.
I am one of 4 founders in a start-up incorporated as a C-corp. 2 of us work full-time on the start-up, and so far have ...
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 ...
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
532 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 ...
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 ...
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 ...
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
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 ...
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 ...
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 ...
2
votes
6answers
2k views
How many shares of stock to create when starting a company
I am thinking of creating a startup and want to allocate stock to various co-founders. Is there any sort of system for knowing how many shares to create of a new company?
1
vote
2answers
423 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 ...
0
votes
1answer
351 views
How to deal with a partner who doesn't want to leave his day-job?
I'm a biz dev & marketing guy with a development background and about a year ago I started coding an idea. It took shape and I mentioned it to an ex-colleague / friend. He was extremely unhappy in ...
3
votes
6answers
396 views
Should a non-techie professional start a website without a techie partner?
I am a non-IT/techie professional and have created a website through a web designing firm. Although, I have learned about various aspects of designing and running a website through reading, I am no IT ...
1
vote
4answers
268 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 ...
6
votes
6answers
412 views
Where to look for co-founder with marketing skills
I have worked about an year on my startup website and I found that I need co-founder that would be able to sell ice to the eskimo nation online (online: marketing, sale and PR. But more of manager ...
7
votes
3answers
412 views
What skills to look for in a technical cofounder?
I am an aspiring entrepreneur, with experience in retail industry. I have an idea to create a web based company with web 2.0 + ecommerce features. The idea is new and I know that it would work in in ...
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, ...
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 ...
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
285 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 ...
1
vote
9answers
2k views
I've got a ton of Web 2.0 ideas, but I'm not a coder. How do I find a committed programmer to bring the ideas to reality?
I have a ton of detailed ideas for Web 2.0 companies (mostly focused on social networking of some sort), but I am not a coder. How do I find my partner to help bring my ideas to life? I live in New ...
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 ...
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 ...
2
votes
1answer
163 views
How to find business person who reall knows demands of small biz, not talkative idea guy?
I'm a solid programmer with 5+ years of experience in software development. I know how to do things from beginning to the end and want to start my own company. I spend for more them 6 months in search ...
13
votes
6answers
1k views
How does a technical person evaluate an MBA-type business partner?
I've read a lot of questions asking about how an MBA can find a technical person to implement their idea, but I haven't seen the other direction.
As a technical person, I know that I can get my idea ...
3
votes
6answers
298 views
Finding a co-founder
I am currently looking for a co-founder.
The current candidate and I are still students, and we are not experienced in business at all. However, I know he loves sales and marketing, and he usually ...
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% ...
3
votes
2answers
815 views
Examples of reasonable equity split for sales mgr
I co-founded a BtoB technology startup about 2 years ago with one partner. In the first 1.5 years we
Quit our corporate jobs and worked (mostly) full time
Completed the majority of technical ...
2
votes
4answers
230 views
What can a co-founder do to have a say in the company when everything goes in favour of the main founder?
A two signatory account
will be created but the
main founder can sign
without the co-founder
signature; on the other side, the co-
founder can not sign
without the main
founder's signature.
...
4
votes
5answers
305 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 ...
5
votes
7answers
454 views
Where is a good place to meet coders?
I am not a coder. I know basic coding and some web design, enough to have come up with what i believe to be an interesting idea for a start up. I can design the website and software myself, but cannot ...
0
votes
4answers
206 views
Traction & Team Building… With Program Yet Uncompleted
To-date I'm self funding a new start-up. I've hired two programmers who have helped me get the web-based program to about 85% completion. At this point due to unexpected financial obligations on the ...
8
votes
8answers
588 views
Would you go into business with someone without an agreement in place?
Would you go into business with someone who has asked you to come on board and help to get things launched, but has not yet decided how to compensate you, or whether to give you part ownership of the ...
