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We keep moving forward, opening new doors, and doing new things, because we're curious and curiosity keeps leading us down new paths. (Walt Disney)

Imagination is more important than knowledge. For knowledge is limited to all we now know and understand, while imagination embraces the entire world, and all there ever will be to know and understand. (Albert Einstein)


Apr
5
accepted Profit and loss sharing among three co-founders
Apr
5
comment Profit and loss sharing among three co-founders
@JonnyBoats, sadly, in our case the "source code"/assets are not worth to argue about.
Mar
23
comment Profit and loss sharing among three co-founders
Gosh, its great that the discussion is still ongoing. You are completely right about having separate loss, profit and liquidation formulas. However, my concern is neither of those (thanks to your answer). In your example, the misfortune when there were only 30k income may not fall solely on programmer, since there are way more factors. It might be that the whole business idea was a failure and responsibility for it should be split among both founders. And that's what we're trying to clarify: if it fails, what to do with those, who did most work?
Mar
22
revised Profit and loss sharing among three co-founders
added 11 characters in body
Mar
22
revised Profit and loss sharing among three co-founders
added few tags
Mar
22
asked Profit and loss sharing among three co-founders
Apr
27
accepted How to come up with a great idea?
Apr
13
accepted How to get name recognition for your startup?
Apr
13
accepted What matters in leading a company?
Feb
10
awarded  Citizen Patrol
Dec
2
awarded  Teacher
Nov
17
comment Is export to Russia interesting for small\middle companies?
Why do you think a lot of people want to work with Russian market?
Nov
16
asked How to get name recognition for your startup?
Nov
16
awarded  Scholar
Nov
16
accepted Where should one register a company?
Nov
12
answered Web Based or Desktop application for managing your licenses / serial numbers?
Nov
10
comment How to come up with a great idea?
The guy is actually right (unfortunately, examples are not that good, and it's a bit off topic). Most usually, new idea is a mix of several old ideas. Truly great is something completely new, but how much of that can we see in the past or present, and how much of them were successful?! This is the point of view I've underestimated.
Nov
10
awarded  Supporter
Nov
10
awarded  Editor
Nov
10
revised Where should one register a company?
extended the question; added 4 characters in body