4 ms·
Someone who's read the terms of use and licensing and all those other jazzy legal documents could correct me if I'm wrong, but is there anything stopping a comp
by TheCapn 13y ago
Someone who's read the terms of use and licensing and all those other jazzy legal documents could correct me if I'm wrong, but is there anything stopping a company from having one of their promises an equity stake in the company?
Say, I'm running a kickstarter and put a tier of funding as "equity". I put aside 10% ownership of my brand to those willing to pay $1,000 or more (for instance). If I set up terms that those who pay above $1k get equity relative to how much they contributed would that be wrong?
An example, 10 people paid $1k to each earn 1% equity in my new company. Or, say 20 people each paid $1k, would get 0.5% each. (20k total, 1k contribution).
Terms are loose, and this is all speculation, but at a theoretical level is there anything wrong with the founders creating such an incentive?
- pjc50 13y agoLocal securities law usually prevents you selling shares to the public without a lot more accounting.
- bsilvereagle 13y agoKickstarter does not allow the exchange of equity. https://www.kickstarter.com/help/faq/kickstarter+basics#faq_41853 https://www.kickstarter.com/help/faq/kickstarter+basics#faq_...