Hi paulsingh - thanks for the input. Agreed on setting it up outside the existing company that the consulting is done.

If we did it in the C-Corp, do you have any advice for how to handle the equity? Do both founders vest into it over time?

Not implying this would happen as both parties are relatively reasonable in this situation, but in situations where the companies aren't split equally, what's to prevent the majority stakeholder from diluting the minority stakeholder to nothing or to change the terms of the agreements themselves?