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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. Once we’ve executed all the steps above, we go to VCs and raise seed capital of $1-2m. Sounds great!

America 60
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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. This work is unpaid, as with any other startup at the pre-seed stage. See Ready to Join a New Management Team?

America 60
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How to Divide Founder Equity: 4 Criteria to Discuss

View from Seed

And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company. For most software and internet startups, the hard IP coming in isn’t usually an issued patent, which is obviously different for biotech or other kinds of startups. Ideation/IP.

Equity 315
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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company. For most software and internet startups, the hard IP coming in is usually isn’t an issued patent, which is obviously different for biotech or other kinds of startups.

Cofounder 255
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Punch & Pie: How Should Co-Founders Divide Equity?

Agile VC

And lastly, a chunk of our CEO Reid Hoffman’s equity was attributed to the fact that he provided the initial ~$750K in seed capital for the company. For most software and internet startups, the hard IP coming in is usually isn’t an issued patent, which is obviously different for biotech or other kinds of startups.

Cofounder 173
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Crazy! 189 Answers To The Top Startup Questions On Your Mind

maplebutter.com

Instead of spending 4 years at university, I spend 4 years starting 2 internet companies that failed. What is the first step in creating an internet-based business (After planning) ? Where do you think the internet is taking us for the future? We are raising seed capital, but would like to have a US tech investor.