Standard slicing pie cofounder agreement templates for pre and after incorporation phase are now customised for Romania.
Read MoreWhat if there were a simple and straightforward way to value an early stage ‘angel’ cash investment in a pre-revenue startup? The benefits of slicing pie for investors explained. Read more…
Read MoreThe more experienced the investor is, the more likely she would like to know about your cofounding team. Here is a list of typical questions you need to be able to answer when you are fundraising.
Deciding to implement some type of employment incentive scheme for your start-up is a sound a smart decision to enable you to compete for talent and once you find the right talent – to motivate it to stick with you.
The devil being in the (implementation) detail – the very important question you need to answer next – how you are going to decide who gets what.
I will explain the difference between these two methods. Let’s get started.
Read MoreEmployee Participation Plans have long been an integral part of the start-up culture in Silicon Valley. Start-ups need motivated and committed employees to be successful. At the same time, in the beginning, they usually cannot offer competitive salaries – and talent is expensive. It is, therefore, necessary to explore other ways to attract and incentivize the right employees without draining the much-needed liquidity. Both the Employee Stock Ownership Plans (ESOP) and the Phantom Stock Ownership Plans (PSOP) provide start-ups with a powerful tool to meet the needs of both the company and employees.
This 5-part blog series will help you understand the different options that are available for your startup, how they compare to each other, and how to choose which is the most suitable for you.
Read MoreCustomised #SlicingPie #Cofounder #Agreement template for Spanish founders is available. This is great news for Spanish 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.
Read MoreWhy gentlemen's agreements scarcely (read never) work and why you should be very, very, very careful whenever you hear anyone saying there is no need for a written agreement - especially if your time, experience or business are involved!
Unfortunately - as in other areas in life, for things that really matter, there are no shortcuts. Some of the automatic equity split calculators are an ok way to get warmed up - but it should not be more than that. Learn why.
Read More‘Magic mirror in my hand, who is the fairest in the land? ‘ is one approach to start your equity split negotiations with your future cofounding team. If you would like to have an actually methodology which is simple, transparent, and easy to understand and use - check how to use the slicing pie forecast.
Read MoreHow do you measure the different contributions of founders? What to do if one founder has already been working on the project while the others join later? How much is the idea worth? A transparent answer to these questions is to use the retrofit slicing pie tool. Learn why and how.
Read More... and one from the ‘simplify your life’ category: how can you use the dynamic equity split - slicing pie - to arrive at a fair equity split and beyond - and in which situations.
Read MoreInnovator and Entrepreneur in Healthcare IT and CEO and Co-Founder at imito AG Chrysanth Sulzberger shares very valuable lessons on cofounding: from the value of having a sparring partner, growing through challenging discussions - and - different from my own recommendation - the success of their 50:50 split! One size really does not fit all. Thank you for sharing Chrysanth!
Read MoreWhat distinguishes the lucky shots from a proven success formula? I believe it is a repeated success. So when it comes to building a successful business – look for the right answers to successful serial entrepreneurs and experienced investors. The answer that echoes through many of those conversations is the importance of the cofounding team.
Read MoreThe story of how slicing pie became not only interesting and popular, but also a practically implementable option in Switzerland. Read more...
Being one of the inspirational success stories of Zurich based startups, Tillmann Lang, the CEO of Yova, kindly agreed to share his cofounding wisdom with us. This includes insights on how his team in the early stages benefited from using the slicing pie methodology.
Read MoreGreat news for startups located in canton Zurich - slicing pie as a dynamic equity split option is also possible after incorporation - subject to defined conditions. The green light is an outcome of talks between political representatives of canton Zurich, tax authorities and supporters from the startup ecosystem. For its application is recommended to obtain a tax ruling.
Read MoreCustomised #SlicingPie #Cofounder #Agreement template for German founders available. This is great news for German 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.
Read MoreWhat we already know is why is Why you need to date your potential cofounders first. To have the list complete, it is also important to know when and how to set the dating period.
Read MorePractical guidelines on how to define cofounders milestones and why you definitely need to do it.
Read MoreIf you are considering onboarding a cofounder – the wise strategic choice is to try to work together before making the final commitment. In order to do it right, you need to set the framework and define the conditions. It is frequently the different assumptions of the parties that are basis of future disappointments and disagreements. The best advise is prevention.
Read More