Re:Downsides to working at a tech giant
by manigandham on Tuesday December 24, 2019 @06:27PM
(#21875632)
They're both founders and equity is split evenly between them, which is extremely common with any startup.
That's not the same as founders giving up majority to their employees.
Re:Downsides to working at a tech giant
by jackthetab on Friday December 27, 2019 @10:33PM
(#21896890)
I'll have to go back and re-listen but IIRC the other guy wasn't a co-founder, he was employee #1.
This topic was covered in Episode 3 of Gimlet Media's "Startup" podcast[1]. He ended up do a 50/50 equity split. They seem to have done well for themselves[2].
[1]https://gimletmedia.com/shows/startup/8who49/gimlet-3-how-to...
[2]https://en.wikipedia.org/wiki/Gimlet_Media
(And why this reply is not properly indented is beyond me.)