I am a technical cofounder where I have a decent amount of equity but not a ton. We have 3 products. 2 are released and are profitable and the third is in pilot. Overall the company is profitable but growth has been slow. All 3 products are in the same industry.

I have various side projects that I work on the side that are for different industries. These are all in the idea or planning phase but I have fairly detailed business plans, product requirement docs, and mockups I’ve put together over the years.

One of our super large customers wants one of my side projects which means I could potentially start a new company with a 1 million dollar contract out the gate.

What’s the play here? Start a new company? A product in my current company? Subsidiary? Is there a way to get more equity out of this or am I being greedy?

Thanks in advance for the feedback!

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    1 year ago

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