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Ask YC: What's a co-founder?
If my co-founder has 10% equity, does he count as a cofounder in the YC application form? How about 5%? There are always cases where co-founders contribute differently and the percentage is divided accordingly. How does this play into the YC formula?
- pg 19y agoIn practice there is usually a clear distinction between founders and people who are given a little stock for doing something for the company. The former are cofounders. It would be rare for a cofounder of a non-broken company to have as little as 5%.
- hacker64 19y ago> It would be rare for a cofounder of a non-broken company to have as little as 5%. Good point.