Seeking CEO+team for VC-backed startup: Make America Functional Again
David Teten
MAY 7, 2019
We assume we’ll be structured as a traditional Delaware C corporation. 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?
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