[oreally]

Keep in mind the HN crowd is attuned to VC methods of equity splits, and thus will recommend them out of familiarity rather than proper evaluation of fairness.

> I've read a book called "Slicing Pie handbook", but it seems to me it requires a lot overhead to get it right.

Part of business IS bookkeeping. But I've found Slicing Pie to be fair in that it takes into account hours worked, hourly rates (and experience), and risk (already) put in, and it implicitly adjusts over time. If you can't be arsed to keep records, you might not be suited to run a business with people in it.

To begin minimally with slicing pie, start keeping track of hours/pay in a spreadsheet - it really doesn't take much. Then refer to the book for scenarios like people leaving, 'baking the pie'.