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askhn2023

Re:Ask HN: Co-founder equity split methods? on Friday July 14, 2023 @02:28PM (#36728005)
(thanks for your comments, sorry about my delayed response)

>> You didn't give us enough information to answer this question well. >> 1. Like why can he only commit 1 full day per week, is it money, a bad time, he wants to see how the startup turns out before committing?

One reason is that he has some major responsibility of existing job. Also because currently the hardware part is relatively self-contained and has a smaller scope.

>> 2. Do you have money to pay him?

Not now, and probably not in near future.

>> 3. Do you need him?

Yes as of now. I don't have the skills required to design / build PCB.

Re:Ask HN: Co-founder equity split methods? on Wednesday July 12, 2023 @05:25PM (#36701902)
>> If you give 5% for example, there’s no reason you can’t give more in time based on increased input, but don’t give something you’ll regret in the future.

What would be your method to "give more in time based on increased input"?

Say now I give them 10% equity based on 1 day per week commitment. What's your suggestion if after 6-month, they increased to 3 days per week commitment?

Ask HN: Co-founder equity split methods?

I am a solo founder that created a MVP with help from a friend. The product has both software and hardware. I wrote all the software and worked on the hardware with my friend. My friend designed the main PCB of the product.Now I wanted to bring my friend as a co-founder for a couple of reasons: 1. They have complimentary skills: hardware / PCB design. 2. I need a co-founder overall to improve...

( Read More... | 42 comments | 2 points | on HN )