My software startup will be launching in the next month or so. Thus far, I've been self funding and have 100% of the equity. However, I'm thinking about giving my main developer/project some skin in the game - in some way/shape/form. A big part of this is to alleviate dev costs for now and after the launch. Also to give him a more vested interest in the companies success for the upcoming year. He's been a valuable asset and is interested in talking through a potential agreement. Any advice for a possible type of agreement for the next year or so we could create?
Check out the book, "Slicing Pie," by Mike Moyer. It provides a fair process for splitting equity based on actual contribution instead of arbitrary standards. You can download the first part free at http://www.slicingpie.com.
Answered 10 years ago
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