I am about to ship my second app and I'd like to bring in a good friend of mine who I believe can contribute a lot in many areas that need to be covered in order to build a succesful app company. How do I go about forming a mutual agreement as to how to split equity?
To explain what I've done so far:
- Developed and shipped first app.
- first app has a few thousand downloads and growing.
- put up investment for the development of second app (validated market with customers, great potential).
- invested my time for 3 months almost full time (taking care of metrics, marketing, managing developer/designer etc.)
Any more info that is needed please ask. All comments or helpful links are appreciated.
To explain what I've done so far:
- Developed and shipped first app.
- first app has a few thousand downloads and growing.
- put up investment for the development of second app (validated market with customers, great potential).
- invested my time for 3 months almost full time (taking care of metrics, marketing, managing developer/designer etc.)
Any more info that is needed please ask. All comments or helpful links are appreciated.