If they do actually know how to handle the business end, then they are in fact valuable, but that is assuming much.
A lot of the "business-side" cofounders you run into in the real world are just glorified "idea men", willing to "generously" cut you in on 5% if you just code up their "Facebook, but for Cats" site they've been thinking about for the past year.
A lot of the "business-side" cofounders you run into in the real world are just glorified "idea men", willing to "generously" cut you in on 5% if you just code up their "Facebook, but for Cats" site they've been thinking about for the past year.