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A key point made that's relevant to a many other parts of a startup is this: It depends. People want simple answers to questions that are actually complex. In
by freshfunk 15y ago
A key point made that's relevant to a many other parts of a startup is this: It depends.
People want simple answers to questions that are actually complex. In this case, it's not that it's incredibly complex but that there is no ONE right answer (50/50 or not 50/50). (At least, this is my humble first-time-entrepreneur take on the matter.)
Furthermore, everyone has their own bias and point to their own anecdotal situations as proof that either 1) they are right or 2) the other person is wrong. And yet they don't realize that that both cases can be true (that is, their solution was right for their situation and the other persons solution would've been wrong for their solution but right for someone else's).
In my case, 50/50 (or even split) would've made sense early one when I first started. And this is what I was aiming for. But, as time went on, it became apparent that I would be leading this startup by myself. As time went on, 50/50 just made no sense since I was putting all my time/effort/ideas into the project, full-time.
These days, I would never accept 50/50 even if that other person is a friend (mind you, I've been working on my startup for over a year and have a live product and users). Fairness, in my case, isn't about 50/50 but giving a fair share.