a friend asked me to join him start a company couple of years back. its a ecommerce company and in it mainly i’m a UI designer and solutions architecht , there’s a programmer as well. my friend is the head of the company since he founded it
lately to obtain a government grant he’s preparing a partnership contract. and as compared to what he initially promised, the programmer and me seem to be on the loosing end of the stick. we’re getting a few little percentage of the company. since the contract is only taking monitory capital into consideration, i brought up the issue of not taking into account our investment of intellectual capital. now he’s ammended the contract as if all parties made an equel contribution of intellectual capital. as compared to the programmer and me who built the core e commerce platform. he’s stating that the administrative work and labour work he did is intellectual capital.
do you guys know of any proper resources on the internet that state how to measure intellectua capital. i want to justify my statements so we get the share we deserve
There is no measure except cash.
It is all up to negotation. What is your contribution worth? Lady Gaga can collect a butt-load of money for her intellectual capital as she has millions of followers willing to apy for her music.
However, millions of other would-be musicians can’t sell a single record, and therefore their intellectual capital is worth 0.
Think very carefully about your true contribution to the deal. Could it move forward without you easily? If so, you have little leverage. Are you the key to the whole operation? If so, you call the shots. Tell your ‘friend’ to go fart off while you sell the idea and leave him with a .99 greeting card that says, see ya’!
So that is all there is to it. It is all about you and your ability to call the shots.
on: 16th February 10