4 ms·
"Never go 50/50. Always make a list of what each partner is bringing to the table and split accordingly. 50/50 partnerships are done by amateurs." I don't agre
by davidjgraph 13y ago
"Never go 50/50. Always make a list of what each partner is bringing to the table and split accordingly. 50/50 partnerships are done by amateurs."
I don't agree. 50/50 deals are done by two people that trust each other. Just because the guy got burnt by a partner, going it with someone else that you can work with, communicate with, double check key decisions, etc, is still way better.
As for the concept of splitting non 50/50, if you're close to 50/50, say 45/55, you need to just make it 50/50, come on. But also, the idea that you can sit and that accurately apply a worth to "what you bring to the table" at the outset I find unlikely, especially pre-revenue.
It sounds like he likes to be fully in control, no partners, no investors. Don't get me wrong, great achievement, best of luck to him. But I think the business structure and evolution happens to specifically suit his personality, I think it's unsuitable in the majority of situations elsewhere.
- zalew 13y ago> if you're close to 50/50, say 45/55, you need to just make it 50/50, come on. and when there is a disagreement, the whole company is stuck.