2

Founder Investments – When to Just Say “No”

One of the most common mistakes I see founders make is accepting cash investments from founders or employees who are also drawing a full or reduced salary. The idea, which is not a bad one, is that an individual would “buy in” to the company and get some “skin in the game.” The problem is that if the person is also drawing a salary all you have really accomplished is to create a tax consequence for both the company and the individual. To make matters worse, you also dilute the Pie.

Continue reading
14

Slicing Pie Summaries

The Slicing Pie book and The Slicing Pie Handbook are comprehensive guides to implementing the Slicing Pie model. The handbook is a bit newer, but both books describe the same model. But, not everyone wants to read an entire book. Some people want a 10,000-foot view before diving in. I’ve created a couple of different […]

Continue reading

Why Fair Market Value is Fair

The fair market value of anything is the price a rational buyer would agree to pay a rational seller for it. For instance, the fair market value of a pop-up hot dog toaster is about $20. I know this because I reviewed prices from a number of online re-sellers and I consider myself a rational […]

Continue reading

Pie Policy

A company policy is a rule of conduct that is designed to serve the interests of both the company and the individual. Policies are shared with employees and help them do their job. Company policies are usually spelled out in a company handbook or similar document.

Continue reading

Seth Godin: On pie

On pie “This is all the pie I received, but that’s okay.” “I have a small piece of pie, but others have an even smaller piece, so I’m sharing mine.” “I want all the pie.” “I don’t want all the pie, just your piece.” “The pie isn’t big enough for all of us, I’m going […]

Continue reading

Slicing Pie Case Study: statUP

The team used Slicing Pie during the critical bootstrapping phase of statUP and were able to terminate the Pie when they raised a seed round of funding in December of 2016. Isaiah said his experience was very positive, “we couldn’t have gotten where we are without Slicing Pie. We are grateful for the concept. Even though, ironically, once understood it sounds more ‘normal’ than alternatives!”

Continue reading
12

Overcoming Objections to Slicing Pie

Slicing Pie is a new way of thinking about very old problem. Many smart people suffer from fear of the new (Neophobia) and fear of change (Metathesiophobia). Slicing Pie requires people to not only consider something new, but also change the way they think about a problem that’s been around since the Paleolithic era when […]

Continue reading
2

Re-Calibration Tool

Use this spreadsheet to determine how many shares the company should buy-back from participants so the new split aligns with the Slicing Pie allocation. Buying back shares, rather than issuing new shares, could help avoid unnecessary taxes. Talk to a Slicing Pie Lawyer about what’s best for you!  

Continue reading

Introducing The Slicing Pie Handbook

The Slicing Pie Handbook teaches, guides and inspires entrepreneurs to boldly enter business partnerships knowing that financial gains will be fairly distributed to all participants. The book provides actionable, detailed instructions for creating an airtight business partnership in a world where unfair agreements are the rule, not the exception.

Continue reading