> "where it's very positive"
I don't understand what you mean there. The founders are feeling good about things?
I realize it's probably much more simplistic than what you're looking for, but I did run across this the other day: http://foundrs.com/ It's a simple calculator for dividing equity. Maybe good enough to use as a starting point?
Or you could just say fuck it and divide things evenly: https://web.archive.org/web/20131109064121/http://answers.on...