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Excellent point re: control. But remember that control has a lot more to it than the 50-plus-one-share; there's also board composition and protective provisions, which are usually much more important.

I do like the "burn the boats" idea though. My cofounder and I (my first company; we had a 50/50 split) were very clear with each other that our most likely source of failure was not getting along, and would often remind each other of that when nerves started to fray.



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