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Sounds more like an advisor than a cofounder. I'd look into typical advisor compensation and go at it from that angle.
by rdrimmie 16y ago
Sounds more like an advisor than a cofounder. I'd look into typical advisor compensation and go at it from that angle.
- jon_dahl 16y agoAgreed. (Typical advisor compensation is 0.1%-2%, depending on the stage and the value provided.)
- skowmunk 16y agoThanks for the numbers, I was planning to ask rdrimmie if he could suggest some numbers.
- skowmunk 16y agoyes, so far, with my previous company and this one, he has been more of an advisor than a co-founder. Though I have lot of faith in his inherrent capabilities, I do not know to what extent he can or is ready to push himself to apply them in this field. That is an unknown quantity for now.