3 ms·
Stoked to see someone finally doing this. Hugely underserved problem... couple questions: - Are you planning on taking equity? And if so, how will you ensure y
by pcmaffey 8y ago
Stoked to see someone finally doing this. Hugely underserved problem... couple questions:
- Are you planning on taking equity? And if so, how will you ensure your incentives are aligned with founders who don’t want to drive towards an exit? How will you make returns otherwise? (Are you looking at alt models like indie.vc or how Sparktoro set up its recent llc funding?)
- What’s your timeline starting? Are you planning on batches or rolling?
Best of luck!
- einarvollset 8y agoHi there - co-horts of teams for sure (hello friendly competition and emotional support). Finalizing terms, most likely a combo of equity and cash dividends.
- taylorjacobson 8y agoThe combo is a great idea. As a founder who has contemplated both paths, pure equity would be a potential deterrent because it could require a level of dilution that might make it harder to raise capital later on. But that could be tempered by the cash flow piece.