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Corporate structure can be figured out later, but if there are 2 of you, agreeing on a 50/50 split is your best bet... Deciding if you are for or non-profit ca
by outericky 12y ago
Corporate structure can be figured out later, but if there are 2 of you, agreeing on a 50/50 split is your best bet...
Deciding if you are for or non-profit can be decided later (add that to the application that you are deciding), but choosing non-profit might help your cause.
- dynode 12y agoI agree 50/50 split is best, I agree with most of this [1] article (recently posted on HN) about founder equity. I also agree that choosing non-profit will most likely help our cause, it would take the company in a different direction. This is something we'd prefer to discuss with smarter folks (hence the desire to delay some of these decisions). [1] <http://www.gravitycomputing.co.nz/joels-totally-fair-method-to-divide-up-the-ownership-of-any-startup/> http://www.gravitycomputing.co.nz/joels-totally-fair-method-...
- alain94040 12y agoI'll keep dissenting: 50/50 is usually not the right solution. Please google founder equity calculator, and use it to start a conversation about who does what and who is committed. For the YC application, just say that you are not incorporated yet and that you are thinking of splitting 50/50, that should be good enough for them to review.