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Sure always negotiate, but “If they were just willing to give you 1/3 without negotiating I’d bet they would act the same the negotiating with VCs or customers
by tjs8rj 5y ago
Sure always negotiate,
but “If they were just willing to give you 1/3 without negotiating I’d bet they would act the same the negotiating with VCs or customers and the biz would be a disaster!” just isn’t true consistently enough to be useful.
Context is important, but if what OP is saying is correct, them not opening closer to an equal split suggests they have a lack of capabilities assessing their founding team here or it’s their first time around the block.
Maybe you could screw integral founding team members into taking a fraction of the equity they deserve, but you’re setting up shitty team dynamics, dysfunction, and problems to come. For cofounders and employees: I’ve found you’re better off paying the ballpark of what they’re worth and would be excited about vs trying to get them at their bottom dollar