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Thanks a lot for your good points. It was really helpful. Especially the examples you gave, were quite eye-opening. A question that pops into my head is: how t
by bhnmmhmd 9y ago
Thanks a lot for your good points. It was really helpful. Especially the examples you gave, were quite eye-opening.
A question that pops into my head is: how time-investment, capital-investment, and qualification can determine each partner's exact equity?
- muzani 9y agoIt's all negotiable. But come to written terms on it instead of assuming. By default, if it's an even share, everyone should put in an equal amount of money and time. But if you have a $100k job and your friend has a $150k job, then if both you quit your jobs, your friend will have invested more. But it's all relative and can be agreed on.