Is being offered 23% of a company an insult as a partner in a start up? I am responsible for building and designing the entire web app, coding the Frontend, backend, and digitizing all requirements for our proof of concept. My partner found me on LinkedIn. Its his idea, he will be running business functions, marketing, client onboarding, and he has a few real clients to do a trial run with. We’ve been working together for two months in a trial period and now we want to write up contract. How do I value myself?! ……This is my first start up !
Are you getting paid? Is it just you and this person? Are they gonna do the fund raising and bring the marketing?
Great questions……Not getting paid, just him and I, he would being doing the fund raising and marketing primarily
If it is just you 2 and you aren’t paid, it should be closer to 50/50, but really it depends on the work needed at the moment. It will get diluted with funding eventually.
But it also matters if he has put money into the company and you haven’t, etc.