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This is a whole ball of worms: - Cofounders should have a roughly even equity split, with the min being no more than 10% less than the max (unless there is a s
by jtfairbank 11y ago
This is a whole ball of worms:
- Cofounders should have a roughly even equity split, with the min being no more than 10% less than the max (unless there is a significant factor like one founder investing 100k+ into the business at conception). This prevents resentment and keeps the conversations equal.
- You will have to get used to being in the press, it is necessary to be successful. If this makes you uncomfortable, then have the non-tech founder be the face of the company. But your name and company will be in the press.
- The non-tech stuff is his side of the business. 99% of the time it is best to let him handle this. You need to divide responsibility and then let go.
- If your company relates to the plight of the homeless, this seems fine even if it is a bit early. Otherwise this seems like a distraction / gimic to gain publicity in a "look at what crazy startup founders have to do" kinda way.
- Stop caring what other people think. If / when you're successful you'll get even more people who think you suck and talk shit about you, your product, etc.