 deferred compensation structures, pre-funded startup
alain94040: I apologize for the spam, but I just was finishing a blog post about how you can use our site (http://FairSoftware.net) and its Software Bill of Rights as a free insurance between founders before they incorporate.If you want true 0 cost, legally-enforceable system, you can register your project there, have everyone agree to the equity split. Then, everyone starts vesting their shares over time. That sort of takes care of 90% of the issues you'll face. When you become successful, you can just go your own route, incorporate, raise angel money, etc... but at least you put in place a recorded, auditable trail of what the equity is supposed to be among founders.You can change the equity split later if everyone agrees, but if some founders become unfriendly, you have an insurance and can still legally use their contribution even if they never talk to you again :-)