I’m in the very early stages of a social media startup and have designed mock-up images of the MVP of the app. I’m working on finalizing the business plan myself and looking to bring some people on-board.
A trusted friend web developer and a patent lawyer have expressed interest in working with me. My guess is that they’d be great to help things get off the ground, to get the mvp out into the world, but if the organization and development proceed to greater levels of technicality, I would most likely need more specialized help. I would make sure they’re aware of this up-front.
My question is, if I were to give them equity how much would be a reasonable (or min/max) amount to offer.
I realize that that’s a vague question, but any direction in tackling it with more specificity would be greatly appreciated.