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by jollofricepeas
424 days ago
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Yeah. The ignorance comes from lack of experience and it happens often on both sides. Engineers think they deserve a big equity package for writing CRUD apps. “Businesspeople” with no startup experience, never raised money and never worked in sales think they have value. If both co-founders have no prior startup experience then they both need to put in the same amount of money and split equity 51/49 or 60/40 (while considering dilution). No once can build a meaningful company alone so you need to have a team and that team must have a servant leader willing to break ties. It’s only inexperienced people that don’t know / understand this. |
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