Hello,
I am a veteran tech person (backend developer) and was approached by 3 business people who know me from way back regarding an idea they had. They are looking for someone to help them implement it or at least a prototype with which they could ask for funds. The idea is viable and has something to it, and those people <i>are</i> connected in the right places to push this forward if they like. So unlike most offers gotten before this seems viable. My question is, if I decide to put the time and join them, how can I protect myself/minimize future risks (such as dilution), being a minority in this group [1/4 founder]? Are there any online sources or books how to handle such scenarios?<p>Notes:<p>* I am aware that the optimal way to go would be to find founders you trust, unfortunately some times for various reasons you need to settle for less.<p>* I assume there is no full proof solution, I just want to know what I can best.<p>* I assume most of those rules would apply for non-tech founders too, but what I am interested in knowing about (if such exists), are unique clauses that can protect tech founders in particular<p>Thank you and hope this will help others too