He owned a 100% of it all in the first 1 minute. If its not promoted well, he will eventually own 50% of nothing forever.
What is a reasonable premine for you?
Why do you think we have new coin every day? Most of them will never hit exchange, but if they do...
Almost every 1-2% premined alt-coin has it's owner sitting at 50% supply the moment coin hits exchange.
I don't think that's reasonable at all. Unless its warranted with something that's really extraordinary.