Comment on Tell HN: Today's lesson in how NOT to get a technical co-founderComments−paulhauggis14yIs "technical co-founder" a code word for first employee? Co-founder to me means getting an equal stake in the company (IE: 50%)−vrikhterOP14yHe said he was looking for a co-founder...I'm sure he was offering a great package with a valuable equity stake (10%) vesting over 5 years with a 1 year cliff </sarcasm>−creativeone14yIs that a sufficient requirement? I wouldnt ask a technical co-founder to join if I wasnt prepared to offer him at least 50%.
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Is "technical co-founder" a code word for first employee? Co-founder to me means getting an equal stake in the company (IE: 50%)
He said he was looking for a co-founder...I'm sure he was offering a great package with a valuable equity stake (10%) vesting over 5 years with a 1 year cliff </sarcasm>
Is that a sufficient requirement? I wouldnt ask a technical co-founder to join if I wasnt prepared to offer him at least 50%.