Entrepreneurship Isn’t for Everyone

I thought this was a funny Sprite commercial (translated). As crazy as it sounds, not everyone wants to start their own company.

Why Slicing is Better than Pricing

Extreme caution should be taken when selling equity for cash to avoid legal, ethical and tax consequences.

Lump-Sum Payments

Occasionally, 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 […]

The Pie Slicer Update: Fall 2017

I 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 […]

My Lawyer Says Slicing Pie Won’t Work

In 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!

Please Don’t Partition the Pie

If 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.

Slicing Pie and the Fat, Stubborn Grunt

One 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 […]

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.

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 […]

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 […]

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