1. The answer is yes. I personally think there's no such thing as 'equity in a product'. 2. You working harder than the other founders should be a salary negot

1. The answer is yes. I personally think there's no such thing as 'equity in a product'. 2. You working harder than the other founders should be a salary negotiation. 3. If the company makes a profit, it should pay it out to the shareholders relative to their shares.