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 !
My question is how good is your partner in their functions and how critical is the software versus a no-code hack? Ultimately, there’s no answer than, “Do you like the deal?” If you’re happy with it, there’s really no replacement for the experience. This is coming from someone who’s done more for less. Did I maximize my leverage/income/etc? No way. Were things financially uncomfortable? Absolutely. Did I end up doing fine? Yes, and now, I know I can start and raise whatever I want.