I had an idea and hired 2 developers to create the app while being the sole Founder. I put in all the money to the app so far and once done I will be in for around $100,000.
My questions are as follow;
1) If a Technical CO-Founder comes in at the stage I am in now (app is halfway done) and completes the project by himself and putting in sweat equity what would be a fair range of equity to give him?
2) The second scenario is that if I complete the app and it is on the market what is a fair range of equity to give him? Should he get a salary? Is he considered a Co-Founder at this point?
Thanks for the answers in advance.
Don't give them equity give them good remuneration equity price can increase in future where you can have more funds.
@frank that is my question and the reason why I am asking it. I explained my situation and wanted to receive an answer because I am asking this question to up my game.
With all due respect the answer you gave me is not an answer.