My co-founder and me were working on a project for 2 long years . We are now just 2 weeks away from launching our project and he quit just because i spoke to him about our enquities of 60-40% to be noted on legal documents that we had decided earlier. He was expecting 50-50% but as i was the brain behind the idea i believed i deserved 10% more. However he might have taken this up his ego , messaged me he quit and literally is not bothering to even talk to me. This project was our vision and i really wanted to work together and succedd together.. money was just a biproduct.. vision was my priority. I feel very sad and broken at this point of time. Could you suggest how to deal this better?
I am sorry to hear this. There are too many details I don't know how many years you have been working on this together, but your equity should vest over time. That should set a guide for how much he deserves. It's a legal question at the end of the day. I would engage a lawyer.
I had two partners like this. The sheer stupidity out there is astronomical.
That's well said. Thanks for sharing your thoughts.
Thank you brett this video was very useful
you're welcome Ana
My co-founder and me were working on a project for 2 long years . We are now just 2 weeks away from launching our project and he quit just because i spoke to him about our enquities of 60-40% to be noted on legal documents that we had decided earlier. He was expecting 50-50% but as i was the brain behind the idea i believed i deserved 10% more. However he might have taken this up his ego , messaged me he quit and literally is not bothering to even talk to me. This project was our vision and i really wanted to work together and succedd together.. money was just a biproduct.. vision was my priority. I feel very sad and broken at this point of time. Could you suggest how to deal this better?
I am sorry to hear this. There are too many details I don't know how many years you have been working on this together, but your equity should vest over time. That should set a guide for how much he deserves. It's a legal question at the end of the day. I would engage a lawyer.
Just go 50-50 next time (or 51/49) and read the y combinator article titled: How to split equity among co-founders