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Until now I was working as part of research for term projects, now as a side project. I am sure I can get traction without any investors, until I get some users on it. So it's a side project for both of us, we both have full time jobs. Can you give me some numbers? 70-30 or 80-20 split?

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From purely an investor's perspective, I believe the more even a split, the more attractive it would be.

However, since you're not seeking funding at this stage, I'd say it is pretty much your own call - between the two of you. Have a frank discussion, try to work out what value you've built so far and what he brings to the table and go from there. I'd say anything, 80-20 / 70-30 is okay, as long as both of you are comfortable with it.

HTH

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