7 ms·
If I might suggest a simpler question? "How do I value this idea maximize my odds of getting genuinely rich from this venture?" The question isn't "how much i
by Hexayurt 19y ago
If I might suggest a simpler question?
"How do I value this idea maximize my odds of getting genuinely rich from this venture?"
The question isn't "how much is this worth?" at all. It's "how do I price this to maximize the odds of success and the dollar worth of my share."
If you do very well and sell for $10m, the practical difference between 33% and 50% in terms of your quality of life is quite small.
On the other hand, a feeling of uneven split between founders, particularly as the start up moves further and further from the basic concept you started with, is a potential contributor to a "50% of nothing is nothing" situation.
Once the game starts, it doesn't matter who put what on the table: if you're not actively getting screwed get your head down and focus on making what you "own" worth something, rather than worrying about how the loot is divided.
- davidw 19y agoSmart way of thinking about it, that gets to the heart of the question, rather than repeating the trite 'worth nothing', which is obviously going to piss off the idea guy, and create problems.