Well, the actual picture is this. I have the idea to start a company, I need help to do so. So I find this other person who is good at Administration, management etc. to help me.
We go through the Law process of setting up the company and registering it with both of us as Directors. Like I said, with all the negotiations, contracts etc. we did everything together.We thought that we would both need to put money into the company for the startup costs, but luckily we don't have to as our first jobs are providing enough advance fees to cover operations. Also, I will not be doing 'all' the development as we would be hiring coders and designers. So it isn't a 2 person company where one person is making the furniture for example. ;-) So given these facts is it still right for the 'web developer' in this situation to hold 80% of the company shares? On 10/15/05, Dawson, Michael <[EMAIL PROTECTED]> wrote: > I probably would have hired these people as contractors, even the > manager, before committing to signing. However, if they are all quality > people, go for it and good luck. > > Since you have already signed people up, I believe you may deserve the > majority of the shares. How much, I don't know. > > If I were to start my own web company, I'm sure that I would be doing > most of the work. We all know how much work it takes to create a simple > web application. As far as managers go, they can make a decision, or > sell a product, in a matter of moments. As the developer, however, it > could take days, or even weeks, to create that same product. > > I don't want to belittle the managers/salespeople, but I grew up doing > the grunt labor in a wood cabinet manufacturing facility and I know the > importance of the grunts. > > Those damn salespeople will be out wining and dining the clients and I > would be stuck here coding all day and night. :'( > > If you can get them to agree to you having the larger share, then, more > power to you. > > I certainly hope you keep this list up-to-date on how your company > goes/grows. > > M!ke ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Discover CFTicket - The leading ColdFusion Help Desk and Trouble Ticket application http://www.houseoffusion.com/banners/view.cfm?bannerid=48 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:177142 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
