Re:On Starting a Software Business
by x0x0 on Sunday June 25, 2017 @11:37PM
(#14633886)
But even if they had been a C corp, vesting or no vesting, it sure sounds like they were both still employed so it still would have been a 50-50 equity split. Thus your friend couldn't have ordered anyone around? In order for vesting to help, someone has to be no longer employed and thus no longer accruing equity.
I'm not arguing against vesting, but I don't understand your example.
Re:On Starting a Software Business
by valuearb on Tuesday June 27, 2017 @01:38AM
(#14642807)
A C corp can compensate my friend with more stock i.e. voting control for his massive cash investments, an LLC is quite a bit harder when they are both partners.
I'm not arguing against vesting, but I don't understand your example.