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I think it is more like 20/20/60. 20% chance that either person is right and 60% chance that both solutions will work. I agree that a minority partner is also
by thatthatis 13y ago
I think it is more like 20/20/60. 20% chance that either person is right and 60% chance that both solutions will work.
I agree that a minority partner is also a good solution. I'm not arguing against 45/45/10.
I am arguing against any proportion of initial equity that could lead to a 50/50 deadlock (which includes 25/25/25/25 with 4 founders).
- deleted 13y ago[deleted]
- dllthomas 13y ago"I'm not arguing against 45/45/10." What about abstentions?
- brudgers 13y agoThe reason I mention this is that in 45/45/10 the 10 has as much control as either of the 45. Control is what matters. The author's hardball for 67% gave him the appearance of control so long as his friend didn't treat the business as a passive source of income. And treating his third as a passive source of income is identical to the extra third the author won. Deciding equity based on work done in the past is a mistake. Equity should be decided based on sharing the work going forward into the future. That's why 50-50 is good - it is focused on the future.