Taggar: Co-founders should default to an equal equity split
Harj Taggar · How To Find A Co-Founder | Startup School · Y Combinator · Sep 27, 2024 · at 14:12
Y Combinator Group Partner Harj Taggar gives a Startup School lecture on structuring co-founder relationships and establishing initial equity splits.
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“You will have to decide on what the equity split will be, and my default advice here would be you should split the equity equally between yourselves, and the reason is if this startup is successful, you will end up working on it for the next 10 years or more, and so even if someone's been Thinking about the idea for a little bit longer now, or done a little bit more work, that will really be quite insignificant over the long term of the startup's life, and so it's better that you both start from a equal co-founding equity split, so you're both equally invested and you both feel like you have real equal ownership of the company and want to give it your all.”
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