I am trying to reconcile "angel funded" with "we're incorporating soon." Was Austin not happy with 20% or was he not happy with you and he each getting 20%? Th

I am trying to reconcile "angel funded" with "we're incorporating soon." Was Austin not happy with 20% or was he not happy with you and he each getting 20%? The difference between 20 and 24 (or 16 and 20 for that matter) is going to be hard to detect for the likely range of exits. Also "not happy" before you've incorporated is not a good reason to change equity: you should have a rationale based on expected contribution and degree of risk (and/or whatever other factors you three feel are appropriate). But "I want more than you" is not a good discussion to be having now.