When allocating equity to each co-founder, how much equity is that existing business plan worth?
-- Edit 2011-06-22 17:23 GMT
This is a pretty open-ended question. I should've included more details:
The person who wrote the business plan is the startup's CEO.
The business revolves around a website marketplace.
The business plan includes:
- multiple lucrative sources of revenue - a basic plan for user acquisition - identification of additional roles that will need to be filled - financial projections - detailed, yet incomplete, explanation of the website's functionality - some validated learning[1]
The other co-founders are the CTO, the front-end designer and coder, and the artist.
[1] http://lean.st/principles/validated-learning
I ask this because one of my co-founders has been pondering whether we founders should re-evaluate each founder's shares at regular intervals, based upon on how much work they've put in since the last re-evaluation.
Do you take the time to tailor your app and environment for AWS (EC2, S3, etc), or do you prefer a simpler approach such as a shared hosting account with Slicehost/Linode/etc to just get it out there quickly?
I've never used AWS, so I don't know how straightforward or convoluted the initial process is to release a brand new site on it. However, this thread seems to believe that it isn't particularly complex, provided you're thorough and have a decent amount of *nix sysadmin experience: http://news.ycombinator.com/item?id=202056
OTOH, this post seems to suggest that shared hosting is preferable for releasing a "small" site, and that AWS should be considered later on, when your traffic requires it: http://news.ycombinator.com/item?id=258761
What say you?