buyingout

Re:Ask HN: Fair buyout price for my partner? on Thursday October 20, 2011 @03:13PM (#3136397)

we've both contributed equal time to it, using our different skills. he's written more of the code, but the designs are mostly mine, and i've done all the research into advertising, CTR, managed our intern, and done the biz admin.

Re:Ask HN: Fair buyout price for my partner? on Thursday October 20, 2011 @02:44PM (#3136248)

thanks for the detailed reply! he does indeed want a cash payment for his side of the business.

quick question:

when projecting future earnings, what time period is fair to assume?

the business has been steadily chugging along, growing some months, shrinking some months. we both planned to invest more time into it, but have been busy. the idea is that if i own most of it, then i'll have more incentive to invest new features into it.

Re:Ask HN: Fair buyout price for my partner? on Thursday October 20, 2011 @02:42PM (#3136234)

this sounds like a fair approach - a shotgun clause right? i feel emotionally invested in the product since it was my idea, but he put a bunch of time into it and we both believe in it.

Ask HN: Fair buyout price for my partner?

Posted by buyingout on Thursday October 20, 2011 @02:04PM
from the ask-hn dept.

I'm using a shadow account but I've been a member of HN for a while. My partner has asked me to buy him out of our business, and we're trying to come up with a fair buy out price.Details:- launched an app mid 2010 with a partner (50 / 50 split, not incorporated, no contract) - this year, gross revenue is $21,948 - net revenue, after income taxes taken off for 2011 will be $17,558 - i'm the...

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