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"serial entrepreneur" This is usually a red flag. Let's be honest. Why would a real serious serial entrepreneur partner with someone who has no track record (b
by codegeek 6y ago
"serial entrepreneur"
This is usually a red flag. Let's be honest. Why would a real serious serial entrepreneur partner with someone who has no track record (being blunt here). If at all, they should want to invest in you. But I like the fact that you are at least asking this question which means you want to be conservative.
Don't get me wrong. If he has real proven experience and the "serial entrepreneur" part can really be validated, you could try a partnership. The problem is that you don't know anything about this person yet except that you met them online.
I am just too old schooled to even imagine that I can have a co-founder that I met online without working with them previously in my capacity. Don't do it if you ask me. Instead, try to hire them as a contractor/freelancer if you can and go from there.
And yea, if you do equity, VEST VEST VEST with CLIFFs.