What would an appropriate level of ownership be for that kind of risk?
Working without a salary for a year implies founder level risk. Right now, they only have an idea, and no code? I'd expect as much of an equity stake as the other founder that's working without a salary, 30%.
Furthermore, if all the founders are willing to give me for my full time work for an entire year was 6%, I'd run far, far away.
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What would an appropriate level of ownership be for that kind of risk?
Working without a salary for a year implies founder level risk. Right now, they only have an idea, and no code? I'd expect as much of an equity stake as the other founder that's working without a salary, 30%.
Furthermore, if all the founders are willing to give me for my full time work for an entire year was 6%, I'd run far, far away.