What would be a reasonable percentage of equity for engineer #1 in the following situation:
- 5 month old startup - 1 founder
- founder financing everything: wages, office rent, equipment, patents, lawyer fees etc... also doing all the marketing and business work.
- seed round not done yet
- 2 consultants working few hours per week.
- engineer #1 full time contributing to 80% of the technical work and paid 50% market rate.