I am starting a technology startup. I have a friend who I’ve known for quite a long time and has a very good network of potential investors. He has agreed to take the responsibility to bring investors to the company. He has also promised that if he fails to get investors, he shall invest his own money to kickstart this startup.
We also agreed that in the long run I will be the CEO of the company and he will be a chairman.
Now, my question is what’s the reasonable percentage of the company that I give him?
We have not yet discussed our percentages yet but before we do I want to know what would be reasonable.