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Your friend can give her the 10% from his own equity. Simple as.
by meindnoch 3y ago
Your friend can give her the 10% from his own equity. Simple as.
- BizarroLand 3y agoThat makes sense to me. And if he is concerned about the people who have put a year of their lives into the success of the business, they can each also give 5% of their equity (10% total) to the longstanding members of the team, so it goes: OP: 45% Partner: 35% Partner's wife: 10% Team: 10%. That way the balance remains equal and the team has the final call when there is a deadlock.
- kcplate 3y agoExactly. Feels like this is more a not so clever push to dilute the OP’s ownership more than any reward of effort. Happily married couples will always vote as a block and basically benefit together. My guess is that if the founder %’s are close and they don’t always agree, this is a way to grab control.