4 ms·
If an idea is literally all they bring to the table and it doesn't have a patent or anything around it, I would give them something like an advisory role and 2%
by claudiulodro 8y ago
If an idea is literally all they bring to the table and it doesn't have a patent or anything around it, I would give them something like an advisory role and 2% equity.
If they don't like this, just take the idea and start the company without them if it's a good idea. A person with an idea that cannot execute on it has no leverage.
I don't know why you would be generous with this person. They will have no risk and no skin in the game, so why give them a big reward?
- halfmatthalfcat 8y agoYeah, I want them compensated in some way but I feel like anything more then 10% is way too much. They're of the type that they simply want to sit back and "get rich" but aren't technically-minded and I get the sense that they don't really want to be involved. It wasn't so much "let's start a company" but more, hey here's an idea, if it takes off, throw me some equity.