Re:Ask HN: Starting up with part-time co-founder?
by mooreds on Sunday February 23, 2020 @03:49PM
(#22399418)
Sure.
But.
I would set some clear guidelines and deliverables. I wouldn't say "until first sale" but rather "for 4 months" or whatever timeframe you both think appropriate.
I would also discuss vesting and equity percentages. (I would think you'd have a larger equity sharesince you are taking on more risk.) Always a good idea to set up the "divorce" papers before you start working together.
And finally, I'd have good long discussion about why they want to be half in half out of a startup.
But.
I would set some clear guidelines and deliverables. I wouldn't say "until first sale" but rather "for 4 months" or whatever timeframe you both think appropriate.
I would also discuss vesting and equity percentages. (I would think you'd have a larger equity sharesince you are taking on more risk.) Always a good idea to set up the "divorce" papers before you start working together.
And finally, I'd have good long discussion about why they want to be half in half out of a startup.