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Might it be cynical to think that calling someone a co-founder after the event is a way of getting them to work for nothing? Of course if the idea is a good one
by bdfh42 18y ago
Might it be cynical to think that calling someone a co-founder after the event is a way of getting them to work for nothing? Of course if the idea is a good one and the share allocation to the new recruits is substantial then maybe...
- cperciva 18y agoYou can pay someone nothing and give them more stock than the founders have, and it won't make them a co-founder. :-)
- sah 18y agoSo what do you call someone who joins a company before any salaried employees and has equity comparable to that of the founders?
- cperciva 18y agoIf they don't have any input into the direction the company takes, I'd say that "fools" is a reasonable thing to call them.
- sah 18y agoIsn't that a separate issue? You can be part of a company from day one and not have any input into its direction, and maybe sometimes you can join late and have significant influence on future decisions.
- swombat 18y agoConversely, you can pay someone a salary and give them less stock than they should really have as a cofounder, and they might still be a cofounder. As you said, it's to do with the impact that the person has on the business from inception onwards.