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An equal split is a good way to start. You should then convert that into shares and agree a share price (aka valuation). Ongoing contributions in terms of hurt
by ra 16y ago
An equal split is a good way to start. You should then convert that into shares and agree a share price (aka valuation).
Ongoing contributions in terms of hurt money or good will (eg: programming time) can then be converted into new share issues.
That's how we did it and it worked very well.