Sunny Newman has always been keen on starting a modeling agency. He has been interested in modeling since he was 10 years old and has been in the profession for over a decade. He recently quit his job as a model and decided to start a model management agency of his own.

However, he does not have enough funds to execute his idea. He has been actively seeking an angel investor, and his good friend Josh Smith has agreed to fund his startup initially. In fact, Josh is not only keen to fund Sunny’s venture but wants to become involved in the firm as well.

How should they proceed and divide the involvement?