Re:Your idea is brilliant, your idea is worthless (2016)
by MajorBee on Tuesday July 20, 2021 @01:12PM
(#27896430)
If your "ideas man" has fully committed to doing all the sales/marketing and the dance of raising capital, leaving you to work on the product, I think that's a very fair division of labour. After all, a finished product is almost as worthless as an unexecuted idea if no one ever actually purchases or uses said product. I say almost because, in theory, your product could have enough "obvious" value on its own that you could just sell it to another company and exit comfortably.
I would not accept a 50/50 split where he "has the idea" and I do the software. I wouldn't even accept a 50/50 split if the Idea Partner also does a little sales and marketing. I would maybe accept 50/50 if the Idea Partner also provided all the capital. Now we're talking...