> Misses a huge point, if you're doing a startup with friends, typically you're all working for free. Working for shares is not "free". It's a gamble (if it

> Misses a huge point, if you're doing a startup with friends, typically you're all working for free. Working for shares is not "free". It's a gamble (if it busts you get nothing), and if you want to gamble that's your call, but whatever the deal is for your compensation, get it it writing.