How to Use a Dynamic Equity Split Program So Everyone Gets What They Deserve
Only a dynamic equity split provides a framework of fairness and respect for all participants. All other methods are prone to failure in their ability to treat people fairly.
Continue readingGrunt Fund (Non) Cheat Sheet
In the book I provide a table of summary calculations. This is a PDF of those summary calculations that you can use as a quick-reference for calculating relative values. You can use it […]
Continue readingInvestor Repellent
There are many things that can repel an investor. Most of them have to do with a faulty business model or lack of a competitive advantage. However, sometimes your business will have real potential but the investor will flee when they take a look under the covers and see how the business is organized or financed during the formation stage.
Continue readingThe JOBS Act: Is it a Wolf in Sheep’s Clothing?
If entrepreneurs are successful, they will have to issue actual equity to a bunch of absentee owners in small lots. These shareholders will now have to sign off on shareholders agreements, operating agreements, and a variety of other things that can make life pretty complicated and scare off real investors.
Continue readingNo Free Ride for Free Riders
Although a dynamic equity model is intrinsically fairer to participants, fixed equity splits will continue to be the norm because 1) dynamic models are a relatively new concept and 2) fixed models allow experienced entrepreneurs to take advantage of less experience entrepreneurs.
Continue readingThe Grunt Fund Calculator
To help you form your very own Grunt Fund, we have created an Excel spreadsheet that calculates slices of pie based on the model in the book. The Pie Slicer […]
Continue readingMy Feelings on Fairness
Treating people fairly in a start-up company means giving them a reward that is proportionate to the contributions made relative to others participating in the business. In other words, if […]
Continue readingA La Mode
Throughout the book, Slicing Pie, I reference a variety of additional material designed to supplement or elaborate on the content in the book. You can find this material here. Thank you for reading my […]
Continue readingHouse Cleaning Case Study
In the introduction to Slicing Pie there is a story about partnerships. In the story you and I decide to clean a house together for $50 and things get complicated. […]
Continue readingThe Early Bird Gets the Pie
One initial concern that I get about Slicing Pie is the fear that founders won’t get enough of the pie even though they were there during the beginning. Most people […]
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