6 ms·

Next time... :) Make sure all co-founders' equity is vested. Don't do a 50-50 split. One person needs to have a majority stake. Otherwise, you spend too much

• rugpuller 15y ago
  It's funny how obvious some things are in hindsight. I never once thought there'd be an issue with a 50/50 split; but yes, no one person has power of veto. Interesting about vesting equity though, I'd not heard of that before (naive much?). There's a twist to the tale though: we haven't incorporated a company yet. No shares have been split; we've just got a verbal agreement that we'd divide them up that way. If I wanted to do a Zuckerberg, I could quite easily register the company and put myself on as the sole director.