Re:Starting Up: 1 or 2, 3 is Too Much
by dstorrs on Tuesday December 01, 2009 @07:45PM
(#971196)
My co-founder and I took a different tack: "50/50 and a quarter".
- 50/50 split on equity
- Decisions are made by consensus when possible (so far, always).
- If we absolutely cannot agree, we flip a coin (a quarter)
- If either of us decides to leave the company, the other must buy him out. So, if we ever actually get to a coinflip decision, we just ask ourselves "do I care about this so much that I'm willing to walk if I lose, or will I live with it?" Whatever the answer is, the decision can go forward.
- 50/50 split on equity
- Decisions are made by consensus when possible (so far, always).
- If we absolutely cannot agree, we flip a coin (a quarter)
- If either of us decides to leave the company, the other must buy him out. So, if we ever actually get to a coinflip decision, we just ask ourselves "do I care about this so much that I'm willing to walk if I lose, or will I live with it?" Whatever the answer is, the decision can go forward.