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by BjoernKW 3216 days ago
Someone's building a commercial product for you for free? Before reserving any equity for a potential CTO (who really sounds more like the developer who's supposed to finish your product) you should consider compensating them for their work first.

If you and your future CTO will be equal partners with equal responsibilities the remaining equity should be split in half.

"Non-technical founder" often translates to "the idea guy". This might or might not be the case here but you should definitely ask yourself what you'll be bringing to the table before bringing a partner into the game. If he or she will do most of the work while your contribution mostly is the original product idea that's a recipe for trouble once business doesn't run as smoothly as you wish (which it inevitably will at some point).

1 comments

It was a good friend of mine that was 50/50 partner, but ended up choosing to work on another project instead. I was left with 80% of an MVP, so I hired a contractor out of pocket to finish up.

I'm a VP of Sales at a startup, and have done the design, product fit, and selling. Literally everything aside from coding.

> ...MVP made for free from friends/contractor.

> ...I hired a contractor out of pocket to finish up.

?

Also, if your friend gave you 80% of an MVP without any compensation, watch out: You might not actually own that 80% of an MVP.