When you try to explain to a cofounder that 90/10 equity splits for a two founder team is a red flag & it’s not ethical for the cofounder to demand over 80% of an entire $250k seed investment fund their salary demand — yet they refuse to compromise …. You have to do the ethical thing for yourself and for that investor and part ways w that individual.
Startups should be fun. I know Gordon Gecko said greed is good but in reality it’s best to create fair scenarios where all founders and investors on that team win together.
/ Big Jae
npub1w9…fj6ua
2024-08-19 00:49:57
Author Public Key
npub1w948660fkrcay2atngnjghj4avmq35av045urc8k9v8kxf57dzxs3fj6uaPublished at
2024-08-19 00:49:57Event JSON
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"content": "When you try to explain to a cofounder that 90/10 equity splits for a two founder team is a red flag \u0026 it’s not ethical for the cofounder to demand over 80% of an entire $250k seed investment fund their salary demand — yet they refuse to compromise …. You have to do the ethical thing for yourself and for that investor and part ways w that individual. \n\n\nStartups should be fun. I know Gordon Gecko said greed is good but in reality it’s best to create fair scenarios where all founders and investors on that team win together.",
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