Finnish Founders Can Use The Slicing Pie Model
Standard slicing pie cofounder agreement template for pre-incorporation phase is now customised for Finland.
Finland joined as yet another country whose founders are able to use the dynamic equity split based on the slicing pie method, as developed by Mike Moyer.
Dynamic equity split based on the slicing pie method are very popular with founders as an alternative to the traditional fixed equity splits. Why? Because they are transparent, fair and future proof. And to the techies between founders, they provide an understandable methodology. They also accommodate for the uncertain future, which is the main blind spot of the fixed splits.
Helsinki: thanks to the efforts of Jon Hautamäki (Mr.), Partner at Nordic Law Ltd, who customised for Finnish founders the Cofounder Agreement template using the dynamic equity split. The dynamic equity split is based on Mike Moyer’s slicing pie method. This is great news for Finnish early stage founders, as it gives them the opportunity to use the ‘fairest equity split tool’ and avoid many potential issues that are caused by fixed equity split in too early stages.
The solution is based on the standardised templates developed by Jana Nevrlka, the founder of Cofounding, who coordinates the development of the slicing pie solution for European founders together with great help and support of Mike Moyer and other local slicing pie experts.
Mike Moyer, the US-based inventor of the Slicing Pie model, was pleased to hear the development “Slicing Pie is used by thousands of companies all over the world and most countries encourage fairness, but it is always nice to give founders that extra certainty that the model is aligned with the local rules and have local Slicing Pie expertise available.”
Jon is Managing Partner as well as the Chairman of the Board of Nordic Law, law firm focused on technology-based business areas. Jon advises clients in complex questions related especially to technology law, cryptocurrencies, M&A as well as growth companies. Furthermore, Jon is a seasoned professional in matters concerning tax and structuring. Jon has also been acting as a member of the board of several growth companies. Jon holds an LL.M. degree from the University of Helsinki. He has taken the Finnish Bar Exam in 2014.
About Cofounding
Cofounding is creating tools and know how for founders, which include cofounder agreement templates, equity split tools and courses, and a proven 7 steps of cofounding the right way methodology, developed by Dr. Jana Nevrlka. It is summarised in an international bestseller, Cofounding The Right Way. Jana is driven by the mission of “No more failed business partnerships!” .. that could have been prevented. She is focused on helping founders build cofounding teams that win and last.
About Slicing Pie
Slicing Pie is a universal, one-size-fits-all solution for the allocation and recovery of equity in an early-stage, bootstrapped company. It is a formula that allows founders to divide equity based on the fair market value of each participant’s contribution. It is a fair, logical and structured way to align everyone’s interests and incentives. Slicing Pie is used all over the world. It is, by far, the fairest way to split equity in an early-stage, bootstrapped startup! Developed by Mike Moyer.