I have an ex-client who has recently launched a new startup. It's a service based business (not a SaaS or physical product). It's currently just him. He has 1 client so far. He wants to get me onboard to help him grow, and eventually run the company. But in order to join, I must "invest" and in return I get 10% stake. The money doesn't go into the company, it goes to him for his "sweat equity" so far and his idea. There's no salary (for now) - it's 50/50 split on any profits as we both work to build it, with the long term vision being he steps away and I take a larger percentage of the profit. Is this normal in startup world? I come from corporate background so I'm unsure. submitted by /u/beer_my_hold [link] [comments]