Ask HN: How would you split ownership in this scenario?
My friend, who is the CEO of a company in this industry that this startup will be in, and I came up with a great idea and we're going to pursue it. However, he wants to split it 50/50 but I'm not comfortable with that because
* I don't have a job so I have more to risk
* I will be the one developing the product (he is non-technical)
* He is already running another company, there's only so much time he can invest in this one
What he brings to the table is strong connections within the industry. He'll be able to get a lot of customers on board initially. Do you guys think 50/50 is fair in this scenario?
* I don't have a job so I have more to risk
* I will be the one developing the product (he is non-technical)
* He is already running another company, there's only so much time he can invest in this one
What he brings to the table is strong connections within the industry. He'll be able to get a lot of customers on board initially. Do you guys think 50/50 is fair in this scenario?