3 ms·
Upvoting, great counter point. The percentages (pre-dilution founder percentages, especially) have been what I've personally seen in start-ups I've worked in /
by strlen 17y ago
Upvoting, great counter point. The percentages (pre-dilution founder percentages, especially) have been what I've personally seen in start-ups I've worked in / consulted for / friends' start-ups. In one case of the founders had only 13%, other two had 20% -- rest going to funders/option pool; in another case -- where there was a "professional CEO" brought in -- one of the founders had <10% and no seat on the board (with only one founder being on the board at all). Granted these may be abnormal cases (the VCs weren't top tier either).