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 !
There isn’t enough info here to meaningfully answer your question. If he’s experienced in the industry and already has customers interested in a hard to penetrate B2B market, and the product is something any competent developer could build, 23% might be very generous. If it’s a highly complex tech product that you have some unique qualifications to build it could be a rip-off.
No way to tell without more details.