Fair Equity Split for a New Cofounder on My MVP-Ready(ish) OSS Project?

Question

I've been working solo on an open-source project called github.com/craftgen/craftgen or Craftgen.ai for the past 7 months. It's a no/low-code AI agent-building platform with a graph architecture. with drag-and-drop UI. Deno runtime base code interpreter for self-improvement. It could be a game-changer in the AI space.With the MVP almost ready, I'm getting interest from potential cofounders through YC's cofounder matching and other social platforms. Given the amount of work I've already put in, I'm unsure how to approach equity share expectations with a new potential cofounder/s.Any advice on:Fair equity split for a new cofounder at this stage.Balancing their contributions with the work already done.Would you happen have any potential pitfalls to watch out for?Would you consider cofounder this late to the project?Definitely wanna vesting period but what would be the numbers?Thanks for your insights!Best, Neco

ghoshbishakh · Accepted Answer

I think it depends on what the co-founder is bringing to the table. If it is investment, or sales experience, or marketing, then it has its own value.

brudgers · Answer

50/50 is the simplest thing that might work. Approximately all the value creation is in the future, and if you resent your cofounder getting as rich as you, that's a problem for the relationship. 50% of a big pie is more than 100% of nothing. Good luck.