Run. Seriously. Here's why: You are running a business, or at least trying to. Ruling by consensus doesn't work, eventually. And that's when shit will start hi

Run. Seriously. Here's why: You are running a business, or at least trying to. Ruling by consensus doesn't work, eventually. And that's when shit will start hitting the fan. The work you've done isn't nearly as i.lortant as the work you'll have to do. It's unclear if you have the right skill sets to get to the next level now. And the skill sets you may or may not have, but will need, are worth way more than the nth developer. And if you all don't see why building to support 3 channels first, when you don't have customer validation is a problem, you don't have the right skill sets If you are all friends now, you won't be soon; no matter what path you choose. My advice, find someone who has the experience with running early stage startups and figure out what terms they would need to step in. That should give you an idea of a reasonable way to structure the deal. Some things to note, the CEO is timely responsible and that's worth way more than each incremental dev, in terms of equity. Profit-sharing is a great idea. But, it doesn't have to be tied to equity per se. Figure out if you are all serious about turning it I to a start-up or just having fun coding. Then, go from there.