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No, we're good friends... We've been more focused on just getting going. Admittedly stupid on my part, but if anything does go sour, I own all the code and all
by newstartupguy 13y ago
No, we're good friends... We've been more focused on just getting going. Admittedly stupid on my part, but if anything does go sour, I own all the code and all tech stuff is in my name.
- caw 13y agoIf you assume your market rate, you can figure out how much money you would have drawn as a salary (since it's unpaid), and consider that as an investment. Compare that to the 80k he's put in, and maybe that will help settle the numbers.
- dylanhassinger 13y agoyou are naive to keep working without your arrangement written in stone. You're good friends - for now. That can change in an instant. Code "ownership" doesn't matter if he can afford better lawyers than you.
- newstartupguy 13y agoI agree with you and will be rectifying it soon.
- lfuller 13y agoI've been in this position 3 times now. Trust me - you want to get documentation signed as soon as possible (yesterday, really). When money and equity is on the line, "friendship" can, and often does, go out the window in an instant.