This post by joel spolsky is relevant... How to split equity: https://gist.github.com/isaacsanders/1653078 https://gist.github.com/isaacsanders/1653078 * link

This post by joel spolsky is relevant... How to split equity: https://gist.github.com/isaacsanders/1653078 https://gist.github.com/isaacsanders/1653078 * link to a backup, the original post disappeared