-1
votes
1answer
61 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
votes
1answer
169 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 ...
5
votes
1answer
103 views

How old does one legally have to be to start/own a share in a company in the US?

I am 18 but my co-founder is 17. (In other words, I am able to sign a binding contract, he is not.) We are getting ready to incorporate our startup — but is my co-founder old enough to start, and own ...
6
votes
2answers
259 views

Is there an inbetween step between “a trial period” and “co-founder”?

Greetings, I am planning on joining a start up with someone as a co-founder and right now we're in a hurry to get product off the ground. I've worked with this person in a trial period and I ...
4
votes
3answers
156 views

A special kind of merger

I am negotiating a deal and I really need some advice on the pros and cons of the deal that has been suggested to me. I have a startup company with radically innovative technology. I want to merge ...
6
votes
2answers
350 views

How to “Divorce” a co-counder in a way that leaves everyone happy

I had the idea for my startup two years ago. I discussed it with a friend and over time we agreed to be partners in the venture together, with a 50-50 equity split. We signed a tentative agreement ...
30
votes
7answers
3k views

How to split up revenue between partners who contribute different amounts of work

My co-founder and I will soon launch a micro ISV. Our current agreement states that we split ownership 50-50. However, since we reached the ownership agreement the amount of work we have put into ...