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This post ” I’m a 1.5 years into our startup. We have a good operating agreement but didn’t require any vestment period for the founders. My partner now feels more valuable and wants me to dilute my equity from 40% to 20% and only 25% of the 20 is vested. Is this fair?” is originally from https://www.saastr.com/im-a-1-5-years-into-our-startup-we-have-a-good-operating-agreement-but-didnt-require-any-vestment-period-for-the-founders-my-partner-now-feels-more-valuable-and-wants-me-to-dilute/
2020 03 18

Q: I’m a 1.5 years into our startup. We have a good operating agreement but didn’t require any vestment period for the founders. My partner now feels more valuable and…
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The post I’m a 1.5 years into our startup. We have a good operating agreement but didn’t require any vestment period for the founders. My partner now feels more valuable and wants me to dilute my equity from 40% to 20% and only 25% of the 20 is vested. Is this fair? appeared first on SaaStr.

Q: I’m a 1.5 years into our startup. We have a good operating agreement but didn’t require any vestment period for the founders. My partner now feels more valuable and wants me to dilute my equity from 40% to 20% and only 25% of the 20 is vested. Is this fair?

It might be fair.

Sometimes, 1.5 years down the road, the relative fairness of Day 1 equity is still … fair.

But, often it isn’t. Often, 1 of the founders ends up shouldering far more of the load than planned, and another … doesn’t.

The fairest thing is to reallocate equity.

And no vesting schedule? That’s a shame. No vesting favors the least-committed founder. More on why here: A Simple Commitment Test For You And Your Co-Founders | SaaStr

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The post I’m a 1.5 years into our startup. We have a good operating agreement but didn’t require any vestment period for the founders. My partner now feels more valuable and wants me to dilute my equity from 40% to 20% and only 25% of the 20 is vested. Is this fair? appeared first on SaaStr.

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