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Hey medial im using WhatsApp as mvp and got 5k users in 4 week. Demands is super high for our product. What is the best way to find right technical co founder how much equity should I offer him as we are not in ideation and already have outstandin

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PRATHAM

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Medial • 9m

See firstly it's not operating totally as app, so consider yourself as in very initial stage and calculate the total revenue and profits till date and based on that value your company 2x the revenue. Search for a co founder, explain him what you have done so far and revenue and profits, explain about the MVP and then give him equity, not more than 45% also make sure that he is all in in the company and is willing to invest good amount

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I want to understand basic terms on what is equity and how do you decide? How are the profits shared later? Can someone pls explain with example for easy understanding?

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