article thumbnail

Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). However, when I told him that the level of engagement required from me and the fact that equity-only development was required, he seemed to be a bit offended. There are cases where I will do equity-only deals.

article thumbnail

Finding a Technical Cofounder for Your Startup

SoCal CTO

I've talked about that in lots of other posts, so you can visit some of these to help determine what you specifically need: Startup CTO or Developer Startup Software Development – Do Your Homework Before You Develop Anything Key ingredients in the equation are: How complex is the system? Go to user groups. Refine your elevator pitch.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Well Versed Are You In Startup Investor Jargon?

Startup Professionals Musings

Sweat equity. Startup founders typically invest some real dollars into their new startup as well as months or years of their time with no salary. When a startup proclaims that it is cash-flow positive but pays no salary yet to the founders, investors call this Ramen-profitable. Ramen-profitable. Acquihire” a startup.

article thumbnail

How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. Capital Investment & Sweat Equity. Both of these are typically reflected in the founder equity split. Ideation/IP.

Equity 315
article thumbnail

How To Find A Programmer To Build Your Startup Idea

socialmatchbox.com

How To Calculate Whether A Freelance Web Application Programmer Is Asking For Too Much Step 1: Use the Indeed.com Salary Tool to Search for Their Job Title By Salary Level. The generally accepted hourly wage calculation used by the staffing industry is Annual Salary divided by 2000 Hours. Another option is sweat equity.

article thumbnail

Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweatequity.

Cofounder 255
article thumbnail

Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

Founding splits typically acknowledge that more senior folks or folks in C-level positions will have a larger founders’ equity percentage than more junior or staff-level co-founders. In other cases, some co-founders might forgo salary early on (if their personal circumstances permit) to earn an additional share of “sweatequity.

Cofounder 173