Startup with three founders

Question

We want to establish a startup with three founders, one assuming the role of CEO and the other doing technical and operations respectively.

1. What are some of the common structures for such scenarios? How much equity should each get equally divided?
2. How do we set it up so the structure allows for investors and advisors and future hires?

Thanks for any insight!

Business formation
CATEGORY
Singapore
COUNTRY
May 21, 2016
POSTED DATE
2
NUMBER OF ANSWERS
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Answers: 2 public & 0 private

09e4cc2b3c
Other Consultant

Hey,

This is the first answer I've offered to a question on this site. Here is a very useful site I refer to http://www.startuplawyer.com. There are a lot of variables to consider. What you need is a comprehensive online resource that will KEEP YOU AS FAR AWAY FROM LAWYERS AND CONSULTANTS AS HUMANLY POSSIBLE until you have a firm handle on the questions you should be asking. You FIRST need a 10-40,000 foot perspective on this whole IP/Start Up/Entity Formation/Funding process. And the structure/user interface/information architecture of that site is just about as good as you're going to get (anywhere).

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