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I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
Editor’s note: Understanding how to divide founderequity at a startup can be tricky, even to the point of reaching emotional riffs between founders. Below, Lee Hower offers advice for approaching these equity discussions objectively and properly.
I like to say that “there are only co-founders” — it’s extraordinarily rare for a successful business to have just a sole founder. But not all co-founders are equal in terms of title, ownership, responsibilities, and so forth. Sometimes co-founders put off the equity split question for some time.
by Anand Srinivasan, founder of LeadJoint.com. Most businesses – online or offline, need seedcapital to get established and without access to these funds, launching a business can seem like an improbable dream. Unless your business idea is to launch an oil rig, you do not need huge capital investments.
Been there Done that This is very depressing for all future founders, or even currently early stage founders. A little piece of advice for future founders: find something that turns revenue quick, profitable and cash flow positive quick and forget about fantasy businesses that take a decade to turn profitable like twitter!
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