Ask HN: How to split company ownership
Person 1: Had the original idea. Has been paying person 2 for developing the site out of pocket. This person wants 51% ownership and no less so that they will never lose majority ownership in the company. This person has the money to cover expenses up to a point.
Person 2: The programmer/marketer/designer. Has contributed a lot of time to the company but has been partially compensated by person 1. This person considers themselves an original founder and wants a large percentage of ownership but doesn't have the money to pay expenses when they arise.
Person 3: A potential investor that came into the picture only recently. Has not yet contributed to the company yet.
We are currently at:
Person 1: 51% Person 2: 30% Person 3: 18%
Obviously this isn't very fair as person 3 hasn't yet contributed but owns 18%.
What happens if we accept investing at a later date? How does that effect ownership pct?
Looking for some advice...