article thumbnail

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

David Teten

We agree on an equity split, vesting, and initial compensation structure. We agree that upon raising capital, each team member will earn $X, perhaps with an automatic bump to $Y upon achieving agreed-upon milestones. And how do you split the equity? Here’s How to Do Your Due Diligence First. This work is unpaid. Sounds great!

America 60
article thumbnail

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

David Teten

pre-launch, BIG equity, big peeps involved–ANY TIPS?? Do you have a great team at your seed startup, but your product just isn’t working? We agree on an equity split, vesting, and initial compensation structure. And how do you split the equity? This work is unpaid, as with any other startup at the pre-seed stage.

America 60