[pytyper2]

Maybe not hurt if it was not dilutable, the initial 20% holder could be issued more shares to keep their percentage at 20%. By the time 3 or 4 rounds are raised the initial 80% owner might only retain 20% after dilution. So in the end you have to look at the cap table after future rounds, the fact that during a period of history (probably before there is any real cash to distribute) the split was 80/20 won't matter.

[pytyper2]

But more importantly, if I build the product and get the first customer what do I need you for? 2k is chicken shit. Unless the idea is a throwaway, something I'm not passionate about, I'd just build it myself.

[emiliobumachar]

Suppose you have more seemingly good ideas then you could possibly build yourself.