Re:Co-founder or employee?
by davidu on Monday October 12, 2009 @09:13PM
(#878048)
Some points to noodle on:
1) The emotional side of not wanting to call him a founder is something for you to get over. His title won't matter to you if he helps you become a billionaire.
2) He's part of your founding team at the very least.
3) 5-10% equity is very generous. More than I'd offer.
4) If he's the right guy, do what it takes within reason to bring him in. If he wants to call himself a founder, let him. The real story is known by you and that should be enough.
5) If you do bring him on board as a founder, you need to internalize it or you'll constantly struggle every time you see his name alongside yours in print or on the site and it will be a source of conflict.
1) The emotional side of not wanting to call him a founder is something for you to get over. His title won't matter to you if he helps you become a billionaire.
2) He's part of your founding team at the very least.
3) 5-10% equity is very generous. More than I'd offer.
4) If he's the right guy, do what it takes within reason to bring him in. If he wants to call himself a founder, let him. The real story is known by you and that should be enough.
5) If you do bring him on board as a founder, you need to internalize it or you'll constantly struggle every time you see his name alongside yours in print or on the site and it will be a source of conflict.