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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

We agree that upon raising capital, each team member will earn $X, perhaps with an automatic bump to $Y upon achieving agreed-upon milestones. See Should you co-found a company with your friend? Once we’ve executed all the steps above, we go to VCs and raise seed capital of $1-2m. And how do you split the equity?

America 60
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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

We agree that upon raising capital, each team member will earn $X, perhaps with an automatic bump to $Y upon achieving agreed-upon milestones. See Should you co-found a company with your friend? My role will depend on team composition, but most likely, your team has the great majority of equity and I’m a non-employee cofounder. .

America 60
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Disrupting VC

thebarefootvc

While the seed capital gap has closed, there are still only a handful of venture capital firms here in NYC investing in the crucial Series A/B rounds. In contrast, many Silicon Valley funds are large with much capital to put to work (which is why we are seeing them lead NYC deals at these stages).