The ignorance comes from lack of experience and it happens often on both sides.
Engineers think they deserve a big equity package for writing CRUD apps.
“Businesspeople” with no startup experience, never raised money and never worked in sales think they have value.
If both co-founders have no prior startup experience then they both need to put in the same amount of money and split equity 51/49 or 60/40 (while considering dilution).
No once can build a meaningful company alone so you need to have a team and that team must have a servant leader willing to break ties.
It’s only inexperienced people that don’t know / understand this.
The ignorance comes from lack of experience and it happens often on both sides.
Engineers think they deserve a big equity package for writing CRUD apps.
“Businesspeople” with no startup experience, never raised money and never worked in sales think they have value.
If both co-founders have no prior startup experience then they both need to put in the same amount of money and split equity 51/49 or 60/40 (while considering dilution).
No once can build a meaningful company alone so you need to have a team and that team must have a servant leader willing to break ties.
It’s only inexperienced people that don’t know / understand this.