Deal Structure Founder Product Development Revenue 
K9 Ventures
OCTOBER 10, 2017
I’ll start with all the questions I can think of, from many different perspectives: founders, LPs, the press, and even other VCs. Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people.
David Teten
OCTOBER 1, 2015
I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. What are the terms of their relationship with the founder? That said, I’m not sure of the most appropriate structure.
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