[rqebmm]

I'd argue the better analogy is "If you have a great idea, what's more important to get it to market: your first engineer or your first investor?"

The next is always going to be "well, do I have enough money to pay my engineer?" This is why the investor holds all the cards and therefore gets the best deal up front. Without that up-front money there is no eventual business.

[jacquesm]

That's not true.

You have the option to give that engineer a real slice of the cake instead of the misers share that's common. I've seen co-founders be labeled 'engineer #1' because they sat down 15 minutes after the first meeting where a company's founding was discussed.

Non technical founders can - and do - use investors money to try to limit the number of co-founders so they get a larger share themselves. Technical founders are less likely to do this to non-technical co-founders. (But it does happen.)

[softawre]

> Technical founders are less likely to do this to non-technical co-founders. (But it does happen.)

Technical people are so great, aren't they! No bias here.