“That’s an interesting approach,” thought Josh Rosenthal after attending a Slicing Pie seminar at a tech conference. Several years later, the model popped back into his head and allowed him to form a successful partnership with a complete stranger. “I saw a post on Reddit from a guy who needed help developing an interesting technology,” […]
Continue readingThere are a number of ways to finance your company. The best way is to start generating revenue as soon as possible. Generating cash early will enable you to not only prove your concept to investors, but also potentially get a better valuation and, therefore, keep more equity. In my experience, startups don’t concentrate on […]
Continue readingI thought this was a funny Sprite commercial (translated). As crazy as it sounds, not everyone wants to start their own company.
Continue readingExtreme caution should be taken when selling equity for cash to avoid legal, ethical and tax consequences.
Continue readingOccasionally, an individual will need (or want) cash for their own use. If the company is in a position to provide cash, it can do so by making a lump-sum payment to the individual in any amount. In Slicing Pie, cash payments reduce at-risk contributions so when a lump -sum payment is made it will […]
Continue readingI am pleased to announce the release of a major update to the Slicing Pie Pie Slicer online software which will be live on Monday, October 2, 2017.Used by thousands of Grunts, the Pie Slicer software is the easiest way to track and manage a perfectly fair equity split during the bootstrapping stage of a […]
Continue readingIn my experience, once someone understands how Slicing Pie works it will be obvious why it works and implementing it will seem much more straightforward. If your lawyer doesn’t want you to use Slicing Pie and isn’t willing to learn about how it works: find another lawyer!
Continue readingIf you want to be fair, use Slicing Pie. It will always give you what you deserve. If you want to benefit at the expense of others an old-fashion fixed split will give you the tools to let your ego and greed take control.
Continue readingOne of the most common ways people discover Slicing Pie is when they are in the midst of renegotiating a previously executed traditional fixed split and are frantically looking for a better way. Because fixed splits are unfair, unwinding them can be difficult, especially if you’re trying to create a new fixed-split agreement which will […]
Continue readingOne 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
