4 ms·
One way I've heard of to solve that problem is 45/45 and 10% to a mutually agreed upon third party (a mentor, say) who can (and has what it takes to) break thos
by patrickyeon 16y ago
One way I've heard of to solve that problem is 45/45 and 10% to a mutually agreed upon third party (a mentor, say) who can (and has what it takes to) break those ties. I'm sure there's a bit more contractual magic to make sure the third party doesn't just sell off their part, and some people may balk at just giving away one tenth of their company. I would argue that if you're worried about 50/50 splits pulling your company apart, it's worth that small number of shares to keep your company going.