The co-founder tag has no wiki summary.
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1answer
16 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 ...
7
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2answers
251 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 ...
0
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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 ...
7
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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
1answer
154 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 ...
4
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2answers
216 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 ...
2
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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 ...
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3answers
71 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 ...
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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.
...
7
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6answers
334 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
146 views
One Founder, Now What? [closed]
I am the only founder of my company as I outsourced the development for now. So far, I am handling everything. Making strategic decisions, how to penetrate into the market, etc. I am in a desperate ...
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 ...
19
votes
6answers
989 views
Teammates have pushed me out of our venture. What to do now?
I along with 3 other people created a concept for an innovative Ecommerce platform as part of a 5 week startup pre-incubator. We had a great run and on demo day we won the audience and panel of ...
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 ...
1
vote
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 ...
7
votes
4answers
588 views
Side Projects. Any Success Stories?
Any success stories out there where someone with a full time job managed to start a business in their spare time?
If so, how did you do it? How do you stay motivated? Did you do it alone?
On a ...
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 ...
0
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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 ...
1
vote
1answer
266 views
Resolving a cofounder conflict in product direction and equity
My team has 3 founders: 2 technical & 1 non-technical. We just started a few months ago. The non-technical 1 is like the VP Marketing: has a few key contacts for our launch strategy, built our ...
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 ...
1
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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
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 ...
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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 ...
2
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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
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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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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?
2
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7answers
835 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 ...
3
votes
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
vote
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 ...
-1
votes
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 ...
0
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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 ...
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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 ...
3
votes
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
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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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?
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 ...
0
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1answer
84 views
Rating potential business partners or co-founders for building the right network
I have the problem that i always meet the wrong people.
Most of the people i know on the one hand don't want to be self employed or on the other hand want to found a business but are to optimistic ...
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, ...
2
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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 ...
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 ...
6
votes
9answers
950 views
How do I deal with a co-founder who hasn't contributed?
Question: How do I deal with a co-founder who came up with the idea, asked me to partner with him, and now hasn't done anything since we agreed on going into business together.
Background: My friend ...
8
votes
6answers
16k views
What's the difference: founder vs co-founder?
I'm not entirely clear on what's proper nomenclature... is there a difference?
Say there are two individuals starting a company, is it proper to call them both "founder" or is "co-founder" the ...
5
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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
votes
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 ...
2
votes
3answers
500 views
How to fire a co-founder that owns 30% of shares?
Co-founder performance in the startup has dropped. He clearly has other priorities in his professional life, like other startups, and he doesn't want to give up his 30% shares.
The only written ...
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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 ...
0
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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 ...
5
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2answers
195 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%
...
