Entrepreneur

0 readers

1 users here now

Rules

No Personal Attacks - criticism of ideas is allowed, attacking people is not.
Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.

Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.

founded 2 years ago

MODERATORS

communick@indiehackers.space

Seeking Input for Equity Split (alien.top)

submitted 2 years ago by kuzeyarman@alien.top to c/entrepreneur@indiehackers.space

4 comments fedilink hide all child comments

Hello, and happy Thanksgiving all. I am seeking advice on equity split with a potential co-founder. I am the founder of a pre-revenue startup, aiming to build a SaaS for engineering industry. I am the domain expert and put in already ~3,000 hours and 8K into the business. But I don’t have technical background the build the software. I connected with a person who seems to be a great fit to build the software. He has 20 years of experience, ex-Amazon, ex-Microsoft. We will both be equity sweating and putting equal effort. He will be in charge of software development, and I will be doing everything else (at least in the beginning). What do you think would be fair equity split? Thank you for your input.

top 4 comments

sorted by: hot top controversial new old

[–] GeneralVacancy@alien.top 1 points 2 years ago (1 children)

Not the scale of what you're doing, but I'm in a similar position and giving the dev 25%.

[–] kuzeyarman@alien.top 1 points 2 years ago

Thank you. Are you paying dev anything? Or they are just equity sweating?

[–] SignificantBullfrog5@alien.top 1 points 2 years ago (1 children)

Creating a business is a lot harder than creating software I would not give more than 10% .

[–] kuzeyarman@alien.top 1 points 2 years ago

Thank you. If I was paying him some salary I would feel more comfortable offering 10 percent. But we are both going to work without making money until raise funds or start generating revenue.