It seems to me as if the ideal cofounder is one whom:
a) You very nearly can't, or wouldn't do without.
b) Is working as hard as they can to get this thing going.
c) Is totally committed.
d) Can do rare things that you cannot yourself do.
and
e) Feels the same way about you.
In such a circumstance and nearly equitable split is almost certainly the best option.
If you don't feel the same way, there might be some kind of way to split the equity, but it seems much, much harder to get a good outcome. Then again, you probably shouldn't be founding with such a team? I did; and ultimately the other founders bailed or fizzled out, and I had to let them go.
a) You very nearly can't, or wouldn't do without.
b) Is working as hard as they can to get this thing going.
c) Is totally committed.
d) Can do rare things that you cannot yourself do.
and
e) Feels the same way about you.
In such a circumstance and nearly equitable split is almost certainly the best option.
If you don't feel the same way, there might be some kind of way to split the equity, but it seems much, much harder to get a good outcome. Then again, you probably shouldn't be founding with such a team? I did; and ultimately the other founders bailed or fizzled out, and I had to let them go.
PS: Hi! How is trailbehind going?