anonhacker

You need to give equity commensurate with risk. Finding a good co-founder technical co founder probably requires that person to quit their job or whatever.(or take risk in general)

So, find the right person first and then negotiate with them to bring them on as a co-founder, not ill give you some equity or ill can offer you x%.

My advise would be to use your funding to get a prototype built (using vWorker or remote hire or whatever) and build up customers. Once you have customers its easy for people to see what you are trying to do and many people would be DTH.

I had a bunch of old VHS tape that i threw away. Although I would have liked to keep them, the biggest annoyance was the fungus/mold that grows on them if you live anywhere with some humidity.

The point being: VHS tapes destroy themselves, its not necessarily always a choice to not convert them.

Indeed this has crossed my mind many times... I have blacked out far too often and thought to myself, whats the point if i don't remember anything the next day?

That being said, it's easy to claim that you can be just as fun,charismatic,etc without alcohol, but I have tried before and its really hard. Can you share how you transitioned to being drunk sober?

Indeed. Oops

!(0^(0^(0^0))) = 24 ; if you believe 0^0 is 1 that is...

Makes sense to me, MBAs would be looking for companies to run, engineers build things and find themselves running companies.

IANAL but you need to check what prevents risk propagation. I.E. If you have an LLC does A and B, if someone decides to sue A, A and B are both liable even if B has nothing to do with A.

In general you would want separate LLCs eventually; In the short term whatever you like depending what risks you are comfortable with.

I will not be, its definitely overvalued in my opinion and I'd rather not risk selling too late in the big stock dump.

Overvaluing in this case is a no brainer, everyone knows what Facebook is and there will be buyers regardless of what price is set, in this case all the investors, angels, VC's etc can cash out on their investments and lock in profits. Later they can re-buy when the bubble pops if they have long term interests...

Virginia Beach! Never underestimate the allure of cheap living and a beach...

Also since one person is getting paid and then paying others, you will lose a lot of money in taxes on every payment. Are you planning to deal with that and how?

You guys have contributed equals parts so far create the company and split it evenly. Don't be greedy, focus on making the pie bigger not getting a bigger piece of the pie. Don't complain because she might benefit from your work along with you.

As a co founder, she should have a commitment to the project and will probably contribute in whatever capacity she can for the time being. If she is as valuable as you claim, she is worth keeping around and will probably return as soon as she can. If you need help with your project, get some.