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Detailed text transcripts for TV channel - MSNBC - 20140112:12:38:00

as we just saw dividing up equity is complicated. there are legal issues, there are tax issues, there are emotional issues. so we ve brought in an expert to help sort it out. brad shart is founding partner of strategic law partners. it s great to talk to you. good morning, j.j. okay, so i want to just concentrate on founders equity. the first people, in a different segment we ll talk about giving equity to your employees. how do you decide, these guys did it 50/50 when they started. how do you decide how much equity each founder should get? you know, there s not a a correct way of doing it. and i don t think they they went about it in a bad way. what they kind of did was struggle with it, adjust it, and get to a place that they felt right. and and while they ignored some of the technicalities of it, and some of the tax issues, i think they wound up in an okay place, and the 50/50 partnership

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