Before you begin discussing how to divide equity, the smartest thing you can do is to build in mechanisms to make your agreement dynamic. Learn the benefits and drawbacks of common methods.
Many founders start ventures with a friend, assuming their values and goals for the startup will align. But friendship doesn't guarantee compatibility in business. Sunil Nagaraj, founding partner of Ubiquity Ventures shares what he learned about the importance of long-term co-founder compatibility.