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Thursday, December 3, 2015

lmartel comments on "Splitting Equity Among Founders"

By lmartel

My favorite solution to the “I started n months before my cofounders” problem is to write an IOU from the company to the person for the work they’ve already done at some significant but less-than-1 fraction of their typical monthly rate, say 50% or 70%.


This allows the founding team to acknowledge the extra work without creating an uneven equity split.



link


Read more here: https://news.ycombinator.com/item?id=10665812



lmartel comments on "Splitting Equity Among Founders"

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