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VC also strongly suggests that it is made clear one person is the CEO, so when push comes shove, some one can make a decision and things can be resolved. I reme
by NhanH 4y ago
VC also strongly suggests that it is made clear one person is the CEO, so when push comes shove, some one can make a decision and things can be resolved.
I remembered reading it is better to have 51/49 rather than 50/50 equity for that reason. Though to be honest I am not sure if I read that in the “good advices you should follow” or the “shitty toxic advices you should avoid”. Hard to differentiate sometimes.