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Step 7 will be the toughest. If you appear on the list of founders with %49 ownership (= biggest shareholder without being involved in the company), then it'll
by bsvalley 9y ago
Step 7 will be the toughest. If you appear on the list of founders with %49 ownership (= biggest shareholder without being involved in the company), then it'll be a No-Go for most of the VC's out there. The team is the main factor when investing in a startup. You should aim for %0 at first. Then when the company hires you, you'll get some shares back. They could even hire you as the CEO on H1B if the investors are OK with that.