network profile
| bio | website | |
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| visits | member for | 1 year, 6 months |
| seen | Dec 29 '11 at 15:47 | |
| stats | profile views | 0 |
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Dec 28 |
comment |
Allocating equity - equal cash investment - unequal time investment Thx Tom! Update - I tried to build a minor partnership formula - 20% equity & 20% of total time committed leaving them with 40% each in both equity & time - seemed reasonable to me. (I was forced to split my time into direct time & time with an employee doing v low level stuff.) Sadly this didn't work - they got into a complex analysis where the bottom line was we can only work with each doing exactly 33% - not unreasonable as you noted they decided they really want a FT Founder. So my solution isn't appropriate in this case. Looking at risk/reward/my bank account I was forced to bow out. |
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Nov 30 |
comment |
Allocating equity - equal cash investment - unequal time investment Thks - the issue here is that we are all committing a lot of cash - so that Joel's approach isnt correct (IMHO) as cash is a huge risk in its own way - for same reason calling it loan and not equity is also not working. The top up wage works I think - I was trying to build a model that said controlling equity would be split based on cash - but that salary in yr 1 could be 2nd round of equity based on hrs - so I maintain equal partnership in decisions but they would get more for their risk & sweat. But I suspect that this would be much too damaging for me over several years if very successful. |
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Nov 30 |
comment |
Allocating equity - equal cash investment - unequal time investment Thanks - the issue here is that we are all committing a lot of cash - so that Joel's approach isnt correct (IMHO) as it is a huge risk in its own way - for the same reason calling it loan and not equity is also not working. The top up salary idea works I think |
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Nov 24 |
awarded | Student |
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Nov 24 |
asked | Allocating equity - equal cash investment - unequal time investment |
