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Subject:
Percentage of ownership for .com startup partners
Category: Business and Money Asked by: hmc1234-ga List Price: $20.00 |
Posted:
13 Jul 2006 11:08 PDT
Expires: 12 Aug 2006 11:08 PDT Question ID: 745999 |
I'm getting ready to visit with investors for an web application that myself and a small team of people have built. There is one leader person who has been the motivator and definitely started the idea for the application and kept it rolling although he did very little programming (he did do the entire business website, just not the app coding) and I feel that he should get a larger percentage of the ownership, but I'm not sure how much I should recieve. What other .com startups and their partners have gotten what percentage ownership levels? |
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There is no answer at this time. |
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Subject:
Re: Percentage of ownership for .com startup partners
From: david_wells_53-ga on 28 Jul 2006 03:23 PDT |
P. S. - Clarification comment: RE: my quote - "Either way you pay, it's just a matter of how much you are willing to give up and what you get in return (from the equity investor or debt lender). It's all up to you and your management team as to how much you are willing to give up." One thing is very CERTAIN however, and that is: make absolutely certain that you and your team have AGREED and determined what that percentage figure of ownership will be and how much you are willing to "give up", in order to have a "deal", BEFORE THE MEETING with the investor and/or lender EVER TAKES PLACE. Thus, when you come out of your meeting you won't say, "Why didn't we have a better answer and response for the investor/lender while we were in that meeting? We gave up too much to make the deal!" |
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