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I like, a lot, the Grunt Fund idea of Slicing Pie (no affiliation): http://www.slicingpie.com/ http://www.slicingpie.com/ The point is: why split the pie befor
by ABS 12y ago
I like, a lot, the Grunt Fund idea of Slicing Pie (no affiliation): http://www.slicingpie.com/ http://www.slicingpie.com/
The point is: why split the pie before it gets done or after? why not dynamically split based on the actual resources (money, time, equipment, whatever) people put in in the early days?
- gojomo 12y agoWhile I suspect that Professor-of-Entrepreneurship has a lot of the details worked out in his book, I would be concerned about tax implications (higher-basis/more-recordkeeping) and the distractions/morale-risks of constant rolling renegotiation about "latest contributions". For example, when the company hits a rough spot, it may be best for a team of N to be thinking, "We all need to work extra hard this month so that our 1/Nth shares wind up worth something, rather than nothing." Rather than, "I need some recharge time, I'll let others earn a little more this month, and re-engage for my increments if and when it gets less crazy."