| ||How much of my company should I give up to new "co-founders"?|
15 points by echo77 on Sept 13, 2008 | hide | past | web | favorite | 20 comments |
|I have a web site that I created by myself about two years ago and it has been floundering. I met a couple of people who have a similar vision. They have some good contacts and would be picking up the marketing/product side of the business while I continue to concentrate on the technical side of things. We are in discussions to partner up but I am wondering how much of the ownership of my company I should give up to them for their involvement in the company. Right now, revenues are zero so it would almost be like they were co-founders, but I have put a lot of effort and a little bit of money into the company over the years.|
Do forget about the effort I have already put in and treat them as co-founders and evenly divide up the company? I know its hard to comment without the details, but any advice would be appreciated.
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