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My co-founder and I took a different tack: "50/50 and a quarter". - 50/50 split on equity - Decisions are made by consensus when possible (so far, always).
by dstorrs 17y ago
My co-founder and I took a different tack: "50/50 and a quarter".
- 50/50 split on equity
- Decisions are made by consensus when possible (so far, always).
- If we absolutely cannot agree, we flip a coin (a quarter)
- If either of us decides to leave the company, the other must buy him out. So, if we ever actually get to a coinflip decision, we just ask ourselves "do I care about this so much that I'm willing to walk if I lose, or will I live with it?" Whatever the answer is, the decision can go forward.