Having looked at apportioning equity before, it is a minefield. Seth Godin has a Big Idea on how to sort out this tricky problem. Dont go 50 / 50 or 70 / 30 straight off. Start with 5% each and then draw up a list of what you are going to do over the next couple of years and what % value of the company that is worth. If you dont do it, you dont get it, allowing for more flexibility and a fairer sharing of the pie. Full article here. I love the idea of this as you get what you earn. Any entrepreneur worth their salt will back themselves to out perform, so it is a great way to get things moving.
