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3
votes
1answer
354 views

Fair to ask for anti-dilution when I have a lot less equity than my partners?

I'm leaving an extremely well paying job, one that I'm even fairly happy with, for a startup that I think will do really well. It's been a difficult choice because I have a family and a mortgage. ...
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 ...
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 ...
1
vote
3answers
167 views

Valuation Of Non-Existing Product/Business

Out of a team of three, two of us have decided that we need to part ways with the third partner. We want to buy her out, but we are struggling to value our venture and, therefore, don't have a clue as ...
2
votes
2answers
78 views

Need a bank partnership for my website…any suggestions?

Im starting a website however my site is dependant on the use of a financial institution to serve as place where members can deposit money for future use. Does anyone have any suggestions on the best ...
3
votes
3answers
216 views

Lead Generation as a Business partner.

A bit of background…. I have worked for IT consulting firms (B2B) for the past 8 years. More recently with Firms that are business a partners with major vendors. I have held just about every ...
1
vote
5answers
341 views

Divorcing A Partner Without An Operating Agreement

Here's the scenario: Myself and 2 partners have been working on a project since January. Since we are all friends (mistake number 1) we orally agreed to split the future company's equity three ways ...
0
votes
1answer
79 views

Who is an account holder in IT firms: a partner or an employee?

While I used to work with software firms. I have seen few guys who comes in to picture very rarely during important phase of projects meetings who are called as Account holders for that project. Does ...
1
vote
2answers
305 views

90 days and $XXK to get to the finish line?

This is a related question to another post I made here: Partnership agreement advice -- I have the idea & ops, he has the marketing investment and industry exp. But here's a critical issue that I ...
1
vote
1answer
357 views

Partnership agreement advice — I have the idea & ops, he has the marketing investment and industry exp

I successfully pitched a player in an industry about a business idea that offers a novel approach to creating leads in his industry. He presently runs a company that I'll call a "provider of services" ...
1
vote
3answers
131 views

Developer IP and personal Coding

My friend and I recently started our own service company. Since we have no technical background, we found a development guy to join our team. We ended up filing for an LLC two months afterwards (we ...
1
vote
3answers
315 views

How much ownership/equity if any do I give a relative that wants to be a part of my start up?

I discussed an idea for a business with my mother and sister. They both thought it was a wonderful idea and said they would help with sales. We did not discuss compensation (probably because they both ...
1
vote
1answer
144 views

Seeking Google+ Development Partner

Does anyone know of or have contacts for any companies that have products centered around Google’s APIs? We’re looking to potentially partner with a company on a product for Google+ and specifically ...
1
vote
2answers
2k views

How much percentage an investor ideally deserve?

Last year we started a software firm, we have managed to build a good technical team and do a couple of projects which helped us hang around. Recently we had an offer from one of the investor to ...
1
vote
4answers
377 views

How much should a technical cofounder be paid?

I have the following skillset: xhtml, js, jquery, css, php, C#, asp.net, mysql, oracle, etc. I would be the tech. co-founder of a startup with 2 other co-founder (business end) and be the sole ...
1
vote
3answers
97 views

I need partnership advice & Wisdom from those of you in partnerships

I have two questions about partnership. If I get a partner that has experience in the business world and the industry and little or no cash maybe $15k-10k, for a new service I’m starting up. What ...
1
vote
1answer
203 views

Bringing on equal partner after starting solely bootstrapped?

I came up with an idea for a startup, and after trying to start other ventures with non-paid partners I knew the only way to get this done right was to hire a developer straight up to code the ...
9
votes
6answers
414 views

How to find potential co-founders for a startup?

I've been working on a bootstrapped startup for about 2 years now. I've been working on it solo to this point, but I feel I'm starting to run out of gas. I need fresh ideas, money and assistance in ...
1
vote
3answers
490 views

Is this a fair partnership proposal?

I am the technical founder of a software product, the product is finished with good inputs from at least 6 to be customers. My to be Sales partner who is already helping me from the past 4 weeks ...
2
votes
1answer
184 views

Co-founder equity for a Beta software product

I am adding a Sales and Marketing co-founder for my start up. The product is already developed and we have 3 unpaid customers so far (Private Beta). My co-founder will work full time on this venture ...
2
votes
2answers
118 views

Sales and Marketing Co-founder-Ivy League MBA or Industry Expert?

I am working on a software product, which is going to revolutionize a specific industry. I checked with couple of top guys in this industry and they are all impressed. It is a billion dollar problem. ...
1
vote
1answer
84 views

Best place to find partners?

I know this question has already been asked in many ways, but I'm looking for a more general answer. I'd like to know which is the best place to find technical people to work with. Has anybody out ...
2
votes
2answers
392 views

What is a fair equity share for four months of part-time work as an iphone app developer at an early stage startup?

I am being offered a 0.6% share in an early stage startup for being the lead iOS developer(probably the only iOS developer).The concept is good and the team consists of some smart people too.My only ...
0
votes
1answer
69 views

Tactful removal of partners

In the past, I have worked on many different projects with groups of people ranging in size from 2 to 10. These projects have always flopped due to numerous issues, but one issue that has always been ...
1
vote
3answers
360 views

LLP Shareholders Agreement Does it Exist? - UK

I have been asked to work with a small startup who say they will offer me a 15% share of their LLP for my expertise. However as far as I am aware an LLP does not have a shareholders agreement and can ...
1
vote
5answers
705 views

Is it legal to show an album on a Youtube Video?

Im currently working on a channel on Yt which does album reviews and I've gone from just speaking to do it in person on webcam and I am hoping at some point to go for a Yt partnership as I've always ...
2
votes
6answers
236 views

Not getting responses from potential partners

Hi i have fired off quite a few emails to different potential partners i.e media partners and companies, but the success rate in terms of replies or dialogue is quite low, what should the next step ...
10
votes
1answer
3k views

49/51 vs 50/50 Equity Split

What are the advantages and disadvantages of dividing equity 49/51 vs 50/50 between partners? Edit: 51/49 feels wrong, but there may be some startup cases where it is good if you are the majority ...
2
votes
3answers
1k views

Co-founders unequal shares but how about initial capital injection?

Currently I'm working on a project together with 1 co-founder and soon we are going to incorporate a company. We agreed that I get 70% shares and he gets 30% . The reason is because I started the ...
1
vote
1answer
63 views

Best form of business for partner with conditional ownership?

Currently, I have an s-corp and I am the only member of the entire corporation. However, I will soon be bringing on a partner on board. Now, say my company sells 10 products. When I bring my partner ...
2
votes
2answers
282 views

Considering a partner

I'm considering looking for a partner for my small startup, I've got an established (very small) base of users on my site, and I think the next step might be to scale up. There are a lot of ...
3
votes
3answers
363 views

partnership percentages

I am a Product designer with 25 years in the field. I also have an extensive array of skill sets as well as facility. Computerized Milling, Engineering and Development software as well as Rapid ...
2
votes
3answers
86 views

In B2B situations what do you clients mean when they ask to partner with you?

We have had a range of clients ask something like the following, we are looking for someone to partner with ... How do you see this being different from a straight Client/Supplier style relationship? ...
14
votes
5answers
944 views

When to drop a co-founder?

There are some excellent posts on how to select a co-founder and what qualities you should look for. I firmly believe in 'try it out', and have been for about 5 months. In that time I've also come ...
1
vote
4answers
385 views

Is having a technical partner better than an in-house software development team?

I am starting my own IT consultancy and have a good product in mind, but I also want to be the one controlling my own project. I have a few questions Who has the rights over your software project? ...
2
votes
4answers
318 views

One-man startup wondering if I should recruit help, and the smart way to go about it

I'm looking to start a website to supplement my day gig. I have the ideas, funds, and skills to do pretty much everything by myself, except for the front-end design. I plan to own the site under my ...
3
votes
5answers
252 views

Problems with partner

A little background: A few months ago, I approached a good friend of mine with a nice offer:To make apps for a specific platform along with marketing and distributing them. He knew very little about ...
3
votes
2answers
114 views

How do I go from 100% ownership to partnership?

My question is not about tax and legal procedures (I'll let my CPA and lawyer handle those), but rather about TRUST. Trust or... CHECKS & BALANCES. I am a programmer who owns a small Internet ...
1
vote
4answers
381 views

Having trouble dividing the pie w/ my partner, care to help cut the slices?

On January 15 a buddy of mine (who is not technical with a full time job in the social gaming/payment space) came to me (an independent Web Strategist SEO/Social Media looking for my next big thing) ...
6
votes
9answers
561 views

Sharing workload between partners when I am the only developer?

I have been dipping my toes into a web-based startup idea with two others. They approached me with the original seed of an idea, but neither are developers. So I would be building the (fairly large ...
4
votes
3answers
284 views

Getting an idea off the ground, and protecting it at the same time

This is my first question on here, so please excuse me if I haven't got used to any cultural norms this stack site has. I have an idea, a great idea. An idea that I truly believe, with maybe a little ...
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?
1
vote
6answers
211 views

What would be the appropriate share?

I'm a software developer in a East European country working for a tiny software firm with only few developers. Our owner is also our manager; he lives in the North America and makes arrangements and ...
5
votes
11answers
420 views

What if your partner seems to be a bad person?

Greetings. Currently I work for a bunch of companies as the CIO and recently I've been offered a partnership at a startup company. I decided to take it as a part-time, for the start, and then move on ...
1
vote
2answers
128 views

Forming Partnership - I need directions and guidance to make the right decision at early stage of a startup

I'm a programmer and developer - and that is what i'm good at, although i do have some self-claimed ( :) ) Entrepreneur skills and Managerial traits since i'm already running a Web Development Company ...
1
vote
4answers
156 views

Partnering on an idea with 2 separate and distinct companies

I am in a current situation that I need some advice on, I think it will be easiest to explain with a simplified example. I am involved in a startup company that specializes in software development ...
0
votes
1answer
56 views

What type of agreement to secure an intent to buy?

I worked with a new partner to create a customer before we signed a var agreement.(we had a NDA though) We sold the customer our software but the actual contract for the sale will not take place ...
0
votes
4answers
341 views

What type of agreement for a software sales rep who handles software installations?

I need an agreement for this but not sure what type of agreement for this. I have an independent sales agent who want to market our software and provide installation and first level customer support. ...
0
votes
2answers
161 views

Dealing with wifes/husbands? [duplicate]

Possible Duplicate: How to start a business and not destroy your marriage? Not everyone starts their business when they're in/fresh out of college. How do you deal with your spouses and ...
1
vote
1answer
111 views

Innovation, collaboration and knowledge sharing

I have an innovative idea that I want to put onto the market, but I still have to develop the idea into a product. I know a few companies that have the knowledge I am looking for. What is the best ...