You forgot that the engineer got paid from day 0, plus 1% equity. While the cofounder got the idea, filtered it among all bad ideas, pitched and mounted it, an

You forgot that the engineer got paid from day 0, plus 1% equity. While the cofounder got the idea, filtered it among all bad ideas, pitched and mounted it, and was on 100% risk. I have the same discussion with my employees, they want 100k$ per year from day one with guarantees of permanent employment, then they want equity.