You and a partner go into business together and split the equity 50/50. You do all the work and your partner slacks off. He owns half your business - now what?
Slicing Pie outlines a process for calculating exactly the right number of shares each founder or employee in an early stage company deserves.
You will learn:
Research shows that dynamic equity split models, like the one outlined in Slicing Pie, is the best way to avoid conflicts as the company grows. The new and improved Version 2.3 contains updated information about legal issues, idea valuation, retrofitting, and much more!
©2012 Michael Moyer (P)2014 Michael Moyer
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"Literally, how to answer the million dollar question…"
I found this book to be an excellent resource to help change a qualitative equity division process into a very fair and quantitative equity process. Dynamic equity allocation is definitely the only way to go!
"I use to hate the idea of having partners"
Yes, especially for those who are open to starting a company with partners or joining one early on. This provides a framework for making sure everyone can do the best they can and end up happy with the results.
I do not know of any other books that talk about dynamic equity splits.
not that I know of
A system for accounting for the unknown.
Many of my friends have divided the pie too early & too late. This idea of setting up a system to make sure the company equity is divided in a predictable way is wonderful. It also sets the incentives up so that people want to keep working & how to deal with when someone wants or needs to leave.
"Good, but would like to see a second edition..."
... because I read on the author's own blog how times have changed and he would have taken things out of the book or change them if you were to do it again. Let's get that knowledge out there. And also let's get a few variations that can work with founders who are also investors and/or incubators or Startup studios.
Yes, The questions addressed were the ones I had been asking myself for quite some time.
The content is key and the system really works.
when he said "there's a word for that kind of person, they are an explicative
if your grappling with the question how to use equity to build a company this is a must !
"Informative and to the point"
Easy to understand and very informative. Good examples to explain the concepts. Occasionally glosses over a concept where an example would be helpful - but overall very good book for startups. Must read.
"Awesome conceptual book"
A great read for those hungry entrepreneurs that are looking for more insight on business and company development. Definitely exceeded my expectations. Short, simple, and to the point. Great references
"Practical guide for startup Entrepreneurs"
Moyer, does a good job of highlighting many of the pitfalls that startup entrepreneurs run into when they try to divide up a company based on a simple idea. I think the challenge with any of these books is determining what your starting point really is and how closely does it match to the examples in the book. Overall however, I think it clearly identifies the importance of spending the right amount of time to get a model in place before you get too far into the project. I enjoyed the book and thought it was helpful.
"it is a good book for startups"
it is a good book for startups it is a good book for startups it is a good book for startups
"Mike gets the MVP award!"
This book is one of those books that you think you're going to get something good out of it so you go ahead and order it and then once you get into it you realize it has even more gems than you originally thought.
This book outlines the only fair way to distribute equity and encourages everyone in the business to work towards a common goal and takes the tension out of the negotiations over splits.
I had some questions after I read the book and was able to email Mike and he responded within an hour. Later I was able to have a quick conversation with him on the phone that was incredibly helpful. I am deeply impressed by Mike and this book.
This book should be required reading for every entrepreneur in a start up. Don't hesitate. Buy this book!
"clarity how to reward contribution"
Mike brings clarity and a strategy to reward those who help build based on their contribution rather than negotiation ability and timing. won't be popular with some but for me I now have a way to reward my team where they can earn their ownership in what we are building. recommend reading this before you start inviting you team members to join.
Interesting and useful. Good supporting material online. I strongly recommend for people looking to start a new business.
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