Fair share deal between me and my cofounder
Mystalic: FAR too complex - you already sound like you're demeaning someone who is going to have co-founder as part of his title.  How's it going to be three to six months from now?  Are you EVER going to see him as an equal?  Because if you don't, the entire project will collapse.And by the way, you'd be shocked how much of a business person you'll need even with your first idea - a person to do relations while you code, a person to do design, UI, all of that (I'm on the business side, but I've piled on a load of coding and non-coding skills to make sure I carry my weight with any web start-up).