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Equity Splitting. Unfortunately requires a side project - but could be backdated

I am opened to suggestions, the rough idea is:

  • Get more ownership of the potential company as you make contributions to the project. The cliff is one percent. Use gpt to assess current value of the project.
  • The value is calculated by running gpt on a commit and ranking each part of the patch complexity 1-3. Then we multiply by the number of lines in the patch
  • The idea is that if the code is good the current owners would want to merge it to help the project overall and would be okay with diluting their shares