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I am a co-founder in a non-software startup - a hair salon in NYC. A friend and I each invested $30k but keep our day jobs and help out with odd jobs here and t
by bdickason 16y ago
I am a co-founder in a non-software startup - a hair salon in NYC. A friend and I each invested $30k but keep our day jobs and help out with odd jobs here and there. My wife, however, quit her job to work it full time and is the lead stylist as well. We came up with a 70/20/10 split which has worked out well so far. We are hiring our first management-level employee this month are planning to give her between 5-10% equity, most of which will come from my wife's percentages.
- jaxn 16y agoI am a co-founder of a retail business. We initially had a 50/25/25 split, which then became a 50/50 split after someone decided to leave the biz. Then we gave a manager similar equity (with vesting) to end up 50/40/10.