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seen Jul 17 '11 at 18:37
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Jul
24
awarded  Teacher
Jul
6
comment Evaluate an offer for a startup advisor
@Joel One big reason why he might not be vying for equity rather than cash is that he might not have the necessary money to invest in the startup. If that's the case, how does it change things?
Jul
6
awarded  Commentator
Jul
6
comment Evaluate an offer for a startup advisor
I think I understand what Joel's saying: (1) If the person's truly passionate and committed, they should be trying to negotiate equity as payment, regardless of how small the amount might be. (2) If the person's promised cash upon success, he can do very little and hope things pan out in the short term. However, if he's promised equity upon success, he's in it for the long haul.
Jul
5
asked Evaluate an offer for a startup advisor
Jun
24
answered If my company is in Australia, I sell into anywhere and the work is done anywhere who's taxes should apply?
Jun
24
answered partnership percentages
Jun
24
accepted How much equity is a business plan worth?
Jun
24
accepted Why split equity at the beginning?
Jun
23
comment Why split equity at the beginning?
@Alain Is that because of the frequency of pivoting?
Jun
23
comment Why split equity at the beginning?
@Tim Yeah, I've asked similar questions, but they all have distinct differences that warrant separation IMO.
Jun
23
comment Why split equity at the beginning?
@Tim, I agree that productivity is what matters. The only way to measure that is to set milestones for each person, right?
Jun
23
awarded  Scholar
Jun
23
accepted Re-evaluating founders' equity
Jun
23
accepted Profit shares vs voting shares
Jun
23
accepted Full-time vs part-time and equity
Jun
23
asked Why split equity at the beginning?
Jun
22
comment How much equity is a business plan worth?
You're right: the business plan usually changes significantly over time. My view on business plans is that they're for proving, or validating, that the product or service is desirable to users, and that the revenue streams are valid and worthwhile.
Jun
22
revised How much equity is a business plan worth?
added 114 characters in body
Jun
22
revised How much equity is a business plan worth?
added 540 characters in body