[phaitour]

I don’t think a 50/50 split is necessary, but whatever split you end up with has to make sense. Just because one person has a bigger personality isn’t a strong reason. If one person is quitting their day job first, or brings in partnerships on day one, etc, then it’s worth talking out. I’ve seen lots of great founder relations not 50/50, so don’t rule it out.

But ALWAYS HAVE VESTING. Repeat after me: always have vesting. I personally think cliffs always make sense because it takes time to make sure that a relationship is meant for the ages and that the other guys are as dedicated as you, but I’ve heard sound arguments for no cliff. Either way, always have vesting. It makes separations sooooooooo much cleaner and easier if the unfortunate happens.