Equity · Finding cofounders

How much equity should I give to a new technical co-founder that I want to bring in to my company?

Grant Sernick Co-Founder at LoyolyPRO

June 17th, 2015

I'm an entrepreneur that has, through bootstrapping and a friends/family round, built a product and is currently in-market, with customers (not many...but they are real and using the site).  The customers are loyal and believe in the product.  The webapp was built using offshore developers that are really good.  I want to bring in a technical co-founder that could take many of the product management/design/development activities off my plate, allowing me to go out and market/sell more.

How much equity should they get, assuming they aren't going to receive any base salary, at least at the start?

Eleanor Carman Incoming BLP Sales Associate at LinkedIn

June 17th, 2015

Grant - there are tons of great discussions on this exact topic. It's helpful to do a quick search before posting! You can also follow the topic(s) you're interested in so you're notified whenever something new/useful appears on the subject.  

Here is one specific discussion that would be helpful. And here are all other discussions on equity

Anonymous

June 17th, 2015

Interesting question, In my case I am a technical co-founder, during equity I keep 40% and gave 60% non technical co-founder, In your case you are handling important things marketing/selling, For Managing the web app a senior technical person is required for that  but not required to add a technical co-founder and give more share. Think about adding a technical adviser then you can give less share reasonable monthly allowance.

Tanya Endicott CEO of iWaiter & Broker/Realtor at The Dallas Home Team

June 18th, 2015

Great question. will search the archives. We are in the same boat.

Mike Whitfield Sr. Software Engineer, EPAM, Google

June 19th, 2015

Give them a base salary (bad assumption!) and 10-15%.