The partner tag has no wiki summary.
234
votes
7answers
138k views
Forming a new software startup, how do I allocate ownership fairly?
I have come up with an idea for a new social networking application. It's not something I expect to be hugely successful, but I think it does have some potential. I've approached a few close friends ...
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 ...
11
votes
9answers
529 views
How to Build a Strong Social Network for a Young Entrepreneur?
"It's Not What You Know, It's Who You
Know" -Old English Proverb
Having a strong social network is a Must-Have of every entrepreneur. Our friends and partners make us stronger in areas we're ...
11
votes
5answers
530 views
Started with 4 partners, equal financial investment. I've done 90% of the work, startup is now doing well and they now want a say. Please advise
I started a site with 4 friends about a year and a half ago, I'm the only technical person of the lot, we all put in an equal amount of $$$, we spent most of the first year in discussions and sending ...
8
votes
9answers
2k views
How to resolve conflicts on a 50/50 startup?
We are going to found a startup with equal shares.
One as the product/tech partner being the other the marketing/sales partner.
We are going to found on a 50% equal shares. Not 51/49. Just 50/50.
...
8
votes
6answers
253 views
Two relatives as partners
I'm trying to get started with my business idea, but I'm looking for at least one partner. I've found one, who I know vaguely, but he wants his brother in too.
Although both seem competent enough, ...
8
votes
14answers
758 views
Argh! Not knowing how to program holds me back
I have experience in running a business, in marketing, research, strategy, customer service, business development, and I have some very important ideas that I want to transform into businesses. ...
8
votes
7answers
451 views
Web developer in project, slow going, need advice
I was approached over a year ago by a "start up" offering me 10% in the company. I thought about it for a few days and said, "Sure, why not?".
I was sucked into the dream of being a part of ...
7
votes
8answers
566 views
Should give 20% of my start-up away to a high profile UX academic?
I'm in the process of registering a company for my start up. I've been developing the concept 60 hours a week for the past 6 months. I've attracted the interest of a high profile UX academic that ...
7
votes
3answers
514 views
“One Man Startup” - Should a add people before going out looking for funding?
i've been working on a project for the last year or so and during that time 4 out of 5 partners have left, leaving only me. I've turned the project into a modest success and have now received some ...
7
votes
3answers
230 views
Role of Business Partner While Developer is Developing
So... in a startup... im the techie/developer of the business, my partner is the business side.
While, I'm developing this elaborate application... what should he be doing? What do business people do ...
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 ...
6
votes
2answers
212 views
What's the catch in an offer for share?
I'm a software developer and quite illiterate when it comes to business thing.
Recently someone has asked me to join a company and, while the salary is not higher than what i currently earn, he ...
6
votes
5answers
5k views
How to find a programmer to partner with and bring programming in-house?
Currently I have been personally funding my tech related start up idea by paying a developer to get it to the demo stage where it is now. In order to get it to the next level the costs increase as I ...
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 ...
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 ...
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
5answers
605 views
Adding Shareholder Vesting after Incorporation — Bum Business Partner
I incorporated with a friend turned business partner, probably giving him too much of the company for the amount of work he was putting in simply because he was a friend. Since incorporation, he has ...
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, ...
5
votes
5answers
615 views
What is the best method for me to invest money into my own startup?
All of the current investors in the startup are also employees, and we're investing equal amounts of money into the company. What is the best vehicle for this type of investment, where ownership in ...
5
votes
4answers
752 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 ...
5
votes
5answers
446 views
What to do next for my online startup?
Ok so I've left my job, I've got a business plan, I have a blue ocean idea, I've spoken to a few industry people about the idea and they think its a good idea. I have a designed and paid a programmer ...
5
votes
1answer
224 views
Problems with business partner
A little background first - I am a co-founder on a small software startup that was founded in 2009. I am the developer while my partner (who came up with the idea) handles the business side of things.
...
4
votes
9answers
584 views
Do friends make good co-founders?
When starting a new company, it is curial to get the right team in place, or the business will never go anywhere. While it is possible to go at it alone, co-founders can be a great asset, if they ...
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 ...
4
votes
4answers
432 views
Startup Employment Considerations
A former co-worker of mine has started an LLC that is owned 100% by him. He has asked me to assist him in market research / analysis and sales, based on the theory that I will come on board and be ...
4
votes
4answers
356 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 ...
4
votes
4answers
888 views
Equity split amongst founders
I have gone through all the related questions regarding my case on the website. I still feel that I could post my question because it is different from the others. Please share your thoughts. Thanks.
...
4
votes
4answers
908 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 ...
4
votes
2answers
335 views
Is a 10% referral fee very popular in many trades?
Is a 10% referral fee very popular in many trades?
4
votes
3answers
816 views
How do I find an equity partner for my running start-up business?
I have an internet based business that is up and running. So far I have 556 paying clients that have used our service with no marketing dollars spent to date. It is a working concept that needs more ...
4
votes
5answers
650 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?
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 ...
3
votes
6answers
593 views
Finding business partner for almost finished software
I'm about 70% done with a Windows based application that my market research anticipates about 250,000 users. I would like to partner with a serial software/web entrepreneur who can
setup the ...
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 ...
3
votes
8answers
343 views
I have the POC where can I get Developers to build it to commercial launch for Equity in the business
I have built the Proof Of Concept for my web app idea, and it's great although a few aspects need to be added.
However our budget is completely out.
We have been looking for a development team who ...
3
votes
3answers
214 views
Channel Partners : How to calculate their Cut/Commission
We are developing product which is SAAS based and is expected to launch by August 12. I am in the process of finding Channel partners/*.Partners, who would help me sell the product in respective ...
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 ...
3
votes
5answers
189 views
Having a schedule for our startup?
I'm in a partnership with my brother, we decides to do a partnership together since we live in the same house and had the same schedule. We are running our business from home right now, making mobile ...
3
votes
3answers
1k views
Question on Partnership + Revenue Sharing
I founded a business about a year ago, and recently decided to take it in a new direction. Same name and premise, yet slightly different business model. I founded the company as a sole ...
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 ...
3
votes
6answers
576 views
Should I search for a web developer/code business partner?
I am in the process of building a B2C online to offline based web service. The service itself is built through contracts that are established offline which are sold to consumers online. I have the ...
3
votes
1answer
117 views
Best Strategy for moving into the US / Canadian market from Australia
The background
I represent a small Australian software developer. We have been working with our clients over here for 9 years on a product suite which is a worlds first for the targeted industry.
...
3
votes
2answers
88 views
How can you find a legal expert or a legal partner for an LLC you're creating?
How can you find a legal expert for an LLC you're creating?
I'm in the Providence, Rhode Island region and am wondering where I should look to find legal experts so that I do not get fined or taxed ...
3
votes
3answers
644 views
Crafting a profit sharing scenario that is easily unwound?
This stems from answers to my other question on profit/equity share when taking on a partner.
Some of the answers suggested that a profit share is suitable when taking on an employee, and equity ...
3
votes
1answer
568 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 ...
3
votes
2answers
159 views
What to offer sales biz dev first hire / partner for product that has early sales traction?
Background:
I am a developer with a SaaS product that is bringing in revenue, but not enough to pay a sales person's salary (yet). The company shouldn't need outside funding. The product is ...
2
votes
3answers
206 views
Is hourly worth as a contractor the same as whatever you make at your day job?
I'm having a minor disagreement with a co-founder of a startup.
At our day jobs at software companies, he's a full-time employee and makes $40 an hour. I'm an intern at a different company and make ...
2
votes
1answer
146 views
Revoking a Partner's Equity
I am involved in a startup and one of our minority partners (owns 15%, vested 25% of that 15% with the rest over the next two years) is not meeting his side of the agreement.
I think we have the ...
2
votes
2answers
517 views
Paying Friend/Programmer/Developer to code Startup Website. Also give Percentage? How to keep Accountable?
I have an income and a website idea. I know nothing about programming. I have a friend who is a programmer, comp-sci major, and so to get my idea created into a website I am paying them an hourly wage ...
