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3answers
1k views

Fair equity/profit split when taking on a partner?

I am about to take on a partner to develop a software prototype I built almost a year ago and I need some guidance on deciding equity/profit split. I know out of past experience that I cannot ...
1
vote
1answer
144 views

Where to meet potential partners / angel investors?

I've been running a nice dating site for the last 4 months and it's growing quite well and hope to be in alexa top 100k by end of year. So far it's only me doing pretty much everything, but I want to ...
5
votes
6answers
219 views

How to convince my partners not to put too much overhead on our company

I just started a developing company. We are 4 partners. Two of us are programmers. Our start-up is slowly growing — we have a customer and few persons are interested to invest money. Now we need to ...
5
votes
4answers
754 views

Do I need a business partner?

My first post here, finally decided to stop reading and start asking :) Apologies for being long-winded, but want to make sure I explain myself. I'm a tech-guy myself, have been ...
2
votes
6answers
4k views

Can You Be A Partner Without Putting Up Money?

I'm running a LLC that is a spin off of another LLC. I was working for the original LLC for a year when the 2 partners decided to start the spin off LLC. I let the partners know I wanted to be ...
1
vote
2answers
101 views

Talking to the head office

So as I said in my business idea. We will let users "buy" items using virtual credits, which they can earn in contests and from other activities. Again, people in the area like the idea, and some ...
3
votes
9answers
2k views

What makes a great business partner?

So the question is pretty basic, what are good qualities in a business partner? As a young freelancer I want to expand my business into a much larger company and I know I will likely need to partner ...
2
votes
2answers
528 views

Buying a partner out of business startup?

A friend and I have been developing an application which will be used as a startup venture. There is a considerable amount of work to be done. We have not set up any legal framework, business not ...
2
votes
4answers
154 views

A special form of partnership

I have discussed the following partnership model with a person who could like to become partner with my in my company. We discuss a range of scenarios that the business could run into. One of these ...
2
votes
1answer
132 views

Web-based Business Built on Open Source and Questions about Funding Options

it's my first post here so be gentle :) First, I've read a few similar posts to the one I'm writing but I wasn't able to find an answer that fit the same mold. Project Details: I have been involved ...
0
votes
2answers
109 views

Software / Web development for creating a website to serve a two-sided market

I have subject matter expertise in a specialized field of design. I want to create a two-sided market between customers who need these specific design services and designers who have those skills. I ...
2
votes
5answers
503 views

How does one create a startup without any seed funds and developers/coders?

Ok there is a startup idea in place; Not a big thing! Even the plan is 99% on paper; Considerably not bad! Two fellows have shown faith in the plans and agreed to partner; good considering team is ...
2
votes
2answers
220 views

Should a founding partner receive a sales commission or vig?

I'm one of four partners in a litigation technology startup. We're a great mix of skills, everyone brings their own strengths to the table. One of our partners is our head of sales because he has ...
2
votes
4answers
99 views

Celeb endorsement deal for mobile app

I have a mobile app I'm working on. I developed a working mockup as a PHP site, and I have a friend that I can partner with to build an objective-c version who has a lot of experience with this sort ...
1
vote
2answers
1k views

What is Required of a Microsoft Certified Partner?

The small business I work for is looking into options for obtaining MSDN licensing and I was wondering if anyone with personal experience could briefly summarize the steps and requirements in becoming ...
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 ...
0
votes
2answers
514 views

Looking for a partner for a startup company

I'm looking for a technical person to form a partnership with in my startup based in the Philippines. It is barely less than a year old. We are currently in the process of developing a product but we ...
4
votes
4answers
357 views

How do you make decisions in teams?

My [business] partner and I are constantly arguing about how we should do certain things for the SaaS we are creating and we reach a conclusion and a good decision (i think) after hours of aruging and ...
3
votes
1answer
571 views

What's a great business development / licensing pitch outline?

So you are about to start contacting companies about licensing your product/technology. What would be the general elements of the presentation deck? I know what I've done in the past but am wondering ...
2
votes
1answer
704 views

What % should I give my business partner

Good day, My wife and I are starting a restaurant and bar seach website for our city. Developing the web site would cost about 8-10k. We got a partnership offer from a computer company. They would ...
3
votes
4answers
1k views

Royalty based partnering agreements

I'm working on defining a partnering agreement to be the technical co-founder on a SaaS startup. The founder/CEO has the experience in the service industry which we are targeting, but found that she ...
5
votes
2answers
1k views

Minority Partner

I've decided to take on a minority partner for my startup. This individual will have a 25% stake in the business and I will retain 75% as the founder. My partner will not be putting up any money, ...
2
votes
6answers
248 views

Might need to find a new biz partner…advice?

I'm on the verge of starting a web based venture with a business partner. I'm designing the UI and doing all biz related matters and he is doing the back end coding. My biz partner just decided to ...
0
votes
2answers
103 views

Partner Programme Legals Template

Does anyone know where I might find a basic template for the legal/small print for an ISV partner programme?
5
votes
11answers
500 views

How to compensate people that contributed code

Two classmates and I worked on a class project together a few months ago. The outcome was very good. I continued to work on it over the past few months, while the other two partners haven't done too ...
6
votes
5answers
399 views

When does the daytime job retire

My partner and I have reached a stage where our software product is well received by the target industry. Both of us started this venture as a night-time affair and we still hold on to our jobs. We ...
1
vote
3answers
335 views

Taking on a partner/dev lead

I am in the process of developing a website focused on the travel industry. It's a unique idea that I feel "has legs", and I've gotten very positive feedback from some close associates who have ...
3
votes
2answers
145 views

How crucial is partnership fit to a new start-up? What tools do you use?

How crucial is the fit between partners in a start-up? Have you investigated this aspect of formulating the start-up package? Have spoken with experienced investor and entrepreneurs? Would you use an ...
4
votes
4answers
910 views

How to find the right engineer / technology talent?

The question is simply "What approach should I take to find the right technology partner?" Some background for context: I am currently employed full time in my industry and have been for over a ...
5
votes
4answers
1k views

Getting rid of a Bad Partner

I've been working with a partner on a startup site for the last couple of months. We're both still doing day jobs at the same company and are both technically adept. The conflict comes in that I'm ...
4
votes
5answers
652 views

What if partner quits? Who owns the code?

If there is agreement with 50-50 split between two partners but what if one partner quits after lets say 1 year. How to handle that kind of scenario? Give some stocks for that 1 year work?
0
votes
2answers
702 views

Equity amount and earn-rate for partners who need salary before joining venture full-time

I’d appreciate getting feedback from the community on how best to structure partnership agreements that takes into consideration some challenging issues. I'm currently bootstrapping a SaaS venture ...

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