Hey Guys
I am in the early stages of setting up a SaaS company with 2 other partners. The dilemma I face is all too common, what should the split be? We haven't started selling the product yet, however we need to address this upfront now as you know. Summary of the role of the 3 founders and the level of involvement: Founder 1: CEO - owner of the idea, and will be responsible for day-to-day, pitching, bus-dev etc Founder 2: Tech Director (CTO) who will manage the development requirements (time is scarce as working FT elsewhere) Founder 3: Director - who will bring the network of contacts and has founded another creative agency (time is scarce as working on multiple other projects) Question 1: Should costs for development and design of the website be split even through the other two partners are taking a chunk of equity each? As opposed to startup expenses being invested by each party i.e. development costs / design costs to be earn their equity stake. Question 2. With respect to sweat involvement or grunt a flexible structure is needed where the amount vested can be adjusted over time. How do I approach this? Thanks Luke -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
