Standard slicing pie cofounder agreement templates for pre-incorporation phase is now customised for Poland.
Great news to start the year - Poland joined as yet another country whose founders are able to use the dynamic equity split based on the slicing pie method, as developed by Mike Moyer.
Dynamic equity split based on the slicing pie method are very popular with founders as an alternative to the traditional fixed equity splits. Why? Because they are transparent, fair and future proof. And - they provide an understandable and transparent methodology. They also accommodate for the uncertain future, which is the main blind spot of the fixed splits.
Warsaw/Wroclaw: thanks to the efforts of Jędrzej Szymczyk, Partner at Lewczuk Łyszczarek Szymczyk, who customised for Polish founders the Cofounder Agreement template using the dynamic equity split. The dynamic equity split is based on Mike Moyer’s slicing pie method. This is great news for Polish early stage founders, as it gives them the opportunity to use the ‘fairest equity split tool’ and avoid many potential issues that are caused by fixed equity split in too early stages.
Jędrzej Szymczyk, Partner at Lewczuk Łyszczarek Szymczyk: Dynamic equity split based on the slicing pie method provides an effective tool for solving a significant issue discussed within the Polish startup ecosystem. At the same time, it does it in a simple, transparent and very fair way. I am glad that we had an opportunity to support implementation of the slicing pie method in the Polish legal system.
The solution is based on the standardised templates developed by Jana Nevrlka, the founder of Cofounding, who coordinates the development of the slicing pie solution for European founders together with great help and support of Mike Moyer and other local slicing pie experts.
Mike Moyer, the US-based inventor of the Slicing Pie model, was pleased to hear the development “Slicing Pie is used by thousands of companies all over the world and most countries encourage fairness, but it is always nice to give founders that extra certainty that the model is aligned with the local rules and have local Slicing Pie expertise available.”
Jędrzej Szymczyk, LL.M., Partner in Lewczuk Łyszczarek Szymczyk (LLW)
Jędrzej is an attorney-at-law who advises in venture capital and private equity deals, as well as on capital market law and M&A transactions. He also advises in providing legal services for entities of the new technologies sector and for public companies.He works with startups from incorporation stage, throughout the fundraising and supports them in relations with VC funds and angel investors. Jędrzej advises institutional investors on their investments and exit transactions on local and international markets. He is a graduate of Illinois Institute of Technology - Chicago Kent College of Law in Chicago, where he earned an LL.M. degree in International & Transnational Law.
Lewczuk Łyszczarek Szymczyk (LLW) is an experienced law firm with robust VC, M&A and financial markets practices. Should it be for equity or debt financing transaction, regulatory proceeding, distribution or IP protection strategy, LLW aims to become a firm of choice for fast-growing startups as well as ma-jor venture capital and private equity funds in Poland.
Cofounding is creating tools and know how for founders, which include cofounder agreement templates, equity split tools and courses, and a proven 7 steps of cofounding the right way methodology, developed by Dr. Jana Nevrlka. It is summarised in an international bestseller, Cofounding The Right Way. Jana is driven by the mission of “No more failed business partnerships!” .. that could have been prevented. She is focused on helping founders build cofounding teams that win and last.
About Slicing Pie
Slicing Pie is a universal, one-size-fits-all solution for the allocation and recovery of equity in an early-stage, bootstrapped company. It is a formula that allows founders to divide equity based on the fair market value of each participant’s contribution. It is a fair, logical and structured way to align everyone’s interests and incentives. Slicing Pie is used all over the world. It is, by far, the fairest way to split equity in an early-stage, bootstrapped startup! Developed by Mike Moyer.