Now, we are discussing about the shares, more precisely what our relative repartition should be after some rounds of founding.
I said 40/60 while he said 33/66. I feel bad about the fact he would have twice as much as me.
He said he was the one with the ideas, and that although I always had all the answers to his questions, the questions are more valuable. I don't think it is true, IMO I asked him the business related questions while he asked me the technical ones. It is just that he had a lot more questions because… well… business people don't know anything, while business is easily understandable and I have a broad experience that allows me to understand it. So in a sense his argument is just that BECAUSE I have more knowledge I contributed less.
He said he only came to see me as a technical consultant and that 33% was already a lot.
He also gave me a lot of examples of companies where the technical guys don't get much shares (Amazon, Facebook, etc…), and I must say I begin to have doubts.
What do you think of:
- the right repartition of equity
- how I should react
Thanks :)