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My real goal was just to get him to paste the content as a comment so I could read it now ;)
by aelaguiz 13y ago
My real goal was just to get him to paste the content as a comment so I could read it now ;)
- zabramow 13y agoI'd be more than happy to but it's an entire back and forth and it's still ongoing. It will be on front page of site as soon as we're back up. One of the more interesting comments that I will summarize was that uneven equity splits between founders is a red flag. Hadn't heard that elsewhere. Also oh assizes that one if the keys to a good application is showing that the founders won't ever divorce.
- keithwarren 13y agoI have had 8 alums review our app for this winters batch and 5 of the 8 brought up our 70/30 split. These things can be explained, I only hope we get the chance and this 'red flag' does not prevent us from ever getting past stage 1. For what is is worth I talked to one alum about smoothing out the equity split through the vesting period but he said not to, that during orientation they will warn you against that sort of thing. Curious why.
- arigold123 13y agoI wonder if in that case you should explain the valid reasons for the variance in the section detailing the breakdown. Like you said, you might not get the opportunity to explain it and perhaps it could be a potential red flag.