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That gets to whether sweat equity is equity when verbal ownership statements still mean something. Does staying up all night prepping for a pitch meeting and me
by kurthr 4y ago
That gets to whether sweat equity is equity when verbal ownership statements still mean something. Does staying up all night prepping for a pitch meeting and meeting with bankers before the private mezzanine deal when you still have exams count? I mean I draw the line at about 3-5 for founders, but I could see that being smaller or larger.
In the former case, I've been a founder once... if you think the first 20 working for promises of stock are founders, I've "founded" a few. If you think it's only the first person who has the idea that gets 100 people together for a unicorn, then I've never even been in one.
- deleted 4y ago[deleted]