New answers tagged apps
I'd LOVE to have a way that naturally takes into account how much people END UP contributing, because people will change their minds. Any clever ideas? Here's an approach that meets your need that Mike Moyer came up with - a grunt fund calculator: http://www.slicingpie.com/the-grunt-fund-calculator/ His book Slicing Pie has had good reviews & ...
I like this calculator. Foundrs.com I think it does a short and simple factor of the major contribution points in a small tech startup. It puts a lot of weight on the lead developer, the most critical portion of a tech startup. That person (you in this case) typically ends up managing new hires (developers) and making other critical business decisions ...
For me Xero has been great. It's a very thorough accounting system that is very nice and easy to use can be linked straight to your bank statements for simple reconciliation. They also keep it updated regularly.
Spin-outs are not as uncommon as people think but just be very clean in the separation, especially wrt IP issues and service agreements (eg distribution or support). Making the assumption that the parent firm is an investor might be worthwhile testing ... are the decision makers happy with the equity split, what about future capital calls or outside ...
Top 50 recent answers are included