Slicing Pie: Perfect Equity Splits for Bootstrapped Startups

Version 2.0 Notes

I’m happy to announce that Slicing Pie Version 2.0 is available for review by interested Grunts! Click on the book to get your copy! Members of the Free Upgrade List have already received a PDF version of the book. Most of the updates in Version 2.0 are as a direct result of conversations I have with readers […]

Grunt Glossary

13 COMMENTS

Understand the language behind a Grunt Fund dynamic equity split method

Slicing Pie: the Game

2 COMMENTS

The benefits of a dynamic equity split are painfully obvious once you understand the basic concept. However, if you don’t understand the basic concept you will keep making bad mistakes with a fixed equity program. To help people of all ages better understand how dynamic splits work, I have created a board game that takes […]

Slicing Pie for the Small Business Centr

6 COMMENTS

See a complete overview of Slicing Pie and how to implement your very own Grunt Fund. Mike Moyer, the author of Slicing Pie, presents the concept for the Small Business Center.

Grunt-Fund Friendly Lawyers

4 COMMENTS

I would be happy to connect you with an attorney who can help you set up your Grunt Fund or similar dynamic equity split program.

Advisory Board Member Letter

2 COMMENTS

When inviting a Grunt to join an Advisory Board for a company using a Grunt Fund care must be taken to set expectations about compensation. It’s important that they understand how a Grunt Fund works and that they are not entitled to cash compensation. Click below to download a sample Advisory Board Member letter for a company using a Grunt Fund.

Dilution is Not a Four-Letter Word

1 COMMENT

Dilution, however, isn’t necessarily a bad thing. In fact, dilution can be a great sign that your company is growing and doing the right things.

Time Tracking

4 COMMENTS

NOTE: Since creating this post I have launched the Slicing Pie Pie Slicer software that keeps track of all types of contributions. There are a lot of time-tracking tools available online. Many of them will work just fine. I’ve tried a number of them and I like Harvest (GetHarvest.com) the best. It is easy to use and […]

Retrofitting a Grunt Fund- New Chapter Sneak Preview!

If you have already launched your business chances are good that you have already implemented a fixed split that is causing some angst among the founders. You now need to unwind your fixed split so you can get on the right track with your equity. This will require you to retrofit the Grunt Fund. Retrofitting […]

Ideas and Intellectual Property- New Section Sneak Preview!

There are two ways to reward Grunts for business-enabling ideas and related Intellectual property: The first is to calculate the theoretical value of the idea and the second is to provide an ongoing royalty payment (cash or pie) to the inventor. It’s important to remember that ideas without action are relatively valueless, no matter how […]