Ask HN: How Much Percentage of Shares Does a Tech Co-Founder Usually Get?
I'm in talks with getting into a business partnership with someone as a tech co-founder. My main responsibilities would include leading the product development, planning the architecture and managing a tech team. My co-founder's responsibilities would be to lead the vision, bring in clients for our products and putting in the initial investment required to get things running.
In such a business scenario, how much equity should I expect as a tech co-founder? What other factors should I consider before getting into such an arrangement?
Comments
Answer is of course, "Depends" - but 50% is perfectly possible.
http://paultyma.blogspot.com/2016/06/how-to-get-hired-as-tec...
You could also consider a dynamic split arrangement.
Used Slicing Pie (https://slicingpie.com) once and can never start a venture any other way. And the free excel sheet is actually better than the application ;)
Make sure there is a founders agreement and other legal documents in place. Consult a lawyer
Check out the book "the founder's dilemmas" for insights into these and many more issues you will encounter. It's totally worth the $20
All else being equal, slightly less than 50%. But possibly significantly less if the other person has had a previous big exit, you will be getting a salary from day 1, the business already has significant traction, etc.