Looking for 2 tech Co-Founders
For a Startup based in Germany, Bavaria, i'm looking for two technical Co-Founders. One Frontend (Vue.JS or React) and one Backend (Django, SQL, Cloud). Both will get up to 5% of the Company without pay. If a pay is mandatory, it's possible to accept less %-Shares of the Company.
Startup will serve Government and Defense Industry. Product is a Platform that Mines and Analyzes data related to people, companies, government organizations, ngos, etc.
Initial time investment of at least 2d/week are necessary. Rudimentary setup of the Architecture and Software is done. PoC is not yet finished.
Feel free to contact me with you CVs & time availability via email or linkedin:
5% is not a 'cofounder'. It is an 'employee'.
Is that a universal fact? Please name a source. What is the treshhold for a 'cofounder'? What about a founding team of 10 people, each 10%?
Quite universal fact. If you hold 9 out of 10 voices in your company, other two guys can't be called founders. They can't make any company level decisions.
Can you send me a source to your individual "universal fact"?
A Startup with 3 Founder, each 33%. None of them can make company decisions on their own. Does that mean they are not Founders? It does, votes/democracy, majority votes, etc.
Exactly, they won't make decisions on their own but by majority of votes. Which makes them all three co-owners, or co-founders. Here is the source for you. It has an example where equity 3x greater than your offer is assigned to an employee. If Paul Graham is not relevant source for this topic, no one is.
http://paulgraham.com/equity.html
Let me know has this changed your reasoning.
You are contradicting youself. You say "If you hold 9 out of 10 voices in your company, other two guys can't be called founders", implying that "founder" has to have relationship to "majority votes". You can be a founder and accept 1% of shares & votes, because you only want to invest 1d/week in this startup. You see, with this example your argument falls apart. And here is another one, you can have 9 out 10 votes, e.g by buying up 90% of a startup, without being a founder.
https://www.jamescole.co/blog/the-differences-between-a-founder-vs-co-founder
Please go in yourself and rethink your standpoint. Right now it just looks like your underlying message is "i want more % of the company" without considering any factors. Pure greed.
Your implications are wrong. Good luck with your venue and your 'co-founders'. Please let us know how it went.
Thank you for the discussion and for the wishes :) I will!