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Updated about 8 years ago,
How to find fair
This is basically a rewording of another post I did. The other one didn't get much traction and I would really like more input. So I am writing it up a bit differently in hopes of making it more interesting.
My partner and I are buy-and-hold-brrrrrrrrr investors. He writes checks and keeps his day job. I work full-time to manage and build the business. Neither of us had any experience when we started. I now have a lot of experience- he still has none. As such the relative value that I contribute to the business has grown substantially. I would rather continue to work with him than move on- but I think a renegotiation is probably due.
With this sort of arrangement- what sort of split do you think is appropriate?