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by outericky 4288 days ago
Corporate structure can be figured out later, but if there are 2 of you, agreeing on a 50/50 split is your best bet...

Deciding if you are for or non-profit can be decided later (add that to the application that you are deciding), but choosing non-profit might help your cause.

1 comments

I agree 50/50 split is best, I agree with most of this [1] article (recently posted on HN) about founder equity.

I also agree that choosing non-profit will most likely help our cause, it would take the company in a different direction. This is something we'd prefer to discuss with smarter folks (hence the desire to delay some of these decisions).

[1] <http://www.gravitycomputing.co.nz/joels-totally-fair-method-...

I'll keep dissenting: 50/50 is usually not the right solution. Please google founder equity calculator, and use it to start a conversation about who does what and who is committed.

For the YC application, just say that you are not incorporated yet and that you are thinking of splitting 50/50, that should be good enough for them to review.