This site is like a library, use search box in the widget to get ebook that you want. Slicing pie handbook perfectly fair equity splits for. Slicing pie explains how to calculate the fair amount of equity to the right people. Slicing pie is a universal, onesizefits all model that creates a perfectly fair equity split in an earlystage, bootstrapped startup company. Entrepreneurs and earlystage company participants get tak. Mar 17, 2014 the graduate students in electrical engineering at stanford university hosted mike moyer, author of slicing pie and inventor of the grunt fund a method for determining a perfectly fair equity.
Using a tool to provide an objective element to the process of dividing equity is a clear positive. Slicing pie find that some people need a little convincing that the dynamic model is the best. Download it once and read it on your kindle device, pc, phones or tablets. Slicing pie is a fantastic book if you are an entrepreneur and want to avoid many of the pitfalls of static equity.
Pdf download slicing pie handbook eu edition perfectly fair. Perfectly fair equity splits for bootstrapped startups epub by mike moyer. A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. Has anyone used the slicing pie method of managing equity. The book provides actionable, detailed instructions for creating an airtight business partnership in a world where unfair agreements are the rule, not the exception. I am working with a team of 3 one who ive known a very ong time and trust very much.
Read the book slicing pie handbook eu edition perfectly fair equity splits for bootstrapped eu startups on our website in pdf, epub, or mobi format, slicing pie handbook eu edition perfectly fair equity splits for bootstrapped eu startups books pdf in you can access with various devices. Another guy has just joined as a technical cofounder and my intuition says he is very trust worthy and like minded. Perfectly fair equity splits for bootstrapped startups. Jan 04, 2016 there is no correct method for an equity split among cofounders. Funding your company without funds you and a partner go into business together and split the equity 5050. Available through amazon this book supplements course content in inbias online training programs and its a useful resource in its own right. This edition has been thoroughly updated and revised to reflect the realities of a maturing business incubation industry. Slicing pie is the fairest way to split equity on the planet. What are the pros and cons of the slicing pie method of dynamic startup equity.
Perfectly fair equity splits for bootstrapped startups mike moyer on. Based on the dynamic equity model popularized by the book slicing pie, a formula in use by entrepreneurs all over the world. Based on the dynamic equity model popularized by the book slicing pie, a formula in entrepreneurs and earlystage company participants get taken advantage of so frequently that we hardly notice. I believe that it is by far the most fair way to divide up equity. It teaches you how to provide dynamic equity splits that will motivate people to contribute their best, knowing they are earning equity at exact fair value to the effort the put in. What are the pros and cons of the slicing pie method of. Perfectly fair equity splits for bootstrapped startups by by mike moyer subject. Perfectly fair equity splits for bootstrapped startups kindle edition by moyer, mike, wasserman, noam. Slicing the pie use straight lines to slice the pie into exactly 4 pieces. Jul 01, 20 there is a real system that is helping thousands of people, just like you, earn real money right from the comfort of their own homes. Who has actually implemented mike moyers slicing pie dynamic. I just read the book slicing pie and wanted to ask the same question, but will comment here rather than starting a new thread. Use straight lines to slice the pie into exactly 8 pieces. A great book about dividing up equity in an early stage startup by mike moyer.
Oct, 2015 as the inventor of slicing pie, i spend a lot of my days working with startups who want to implement the model. School edition is designed to introduce children to the concept of fractions by solving puzzles. Purchase price x 4 cash less than a year old purchase price x 2 non cash older than a year book value x 2 noncash. The model makes complete sense and will really allow the founders of a company to focus on building fantastic products rather than legal conversations about equity.
The slicing pie handbook will help you determine the right share for people who contribute the things you need to start your company including help, equipment, supplies, rent and even credit. If anything in this book sounds like legal advice its not. The slicing pie model for equity allocation and recovery is the only way to ensure that each person on your team gets exactly the equity they deserveno more and no less. Slice the pie improperly and you will destroy your business and burn bridges with the very people who came to help. Slice the pie properly and you will compensate the people who help you in a fair and equitable manner.
Mar 12, 2015 in my experience, as the inventor of slicing pie, many lawyers who are used to doing traditional splits get easily confused about slicing pie because they think of it as a variable compensation program that issues shares in lieu of cash. Assign a theoretical value to the various inputs provided by each participant the 2. Its eight chapters address key best practice areas, from incubator governance and facilities management to leveraging innovation and serving clients. Quantifying the aggregate and distributional effects of trade article pdf available in ssrn electronic journal january 2017 with 56 reads how we measure reads. Slicing pie is used by entrepreneurs all over the world. Slicing pie handbook eu edition perfectly fair equity splits. Grunt hourly resource rate ghrr negotiated base annual salary.
Below, you will find cofounder agreements templates docpdf which will help you setup. Baking and slicing the pie of shares, yummy and fair. Use straight lines to slice the pie exactly into 2 pieces. Dec 26, 2019 based on the dynamic equity model popularized by the book slicing pie, a formula in use by entrepreneurs all over the world. Fairsquare llp uk slicing pie startup lawyers home. The graduate students in electrical engineering at stanford university hosted mike moyer, author of slicing pie and inventor of the grunt fund a method for determining a perfectly fair equity. Best practices in action, revised 2nd edition inbia inbia. The slicing pie book and the slicing pie handbook are comprehensive guides to implementing the slicing pie model. Use features like bookmarks, note taking and highlighting while reading the slicing pie handbook.
Slicing pie outlines a simple process to get your business started even if you dont have a lot of cash. We need a simple model to help us properly slice the pie. Slicing the pie download ebook pdf, epub, tuebl, mobi. Fairsquare llp is the uks premier slicing pie law firm. Perfectly fair equity splits for bootstrapped startups pdf keywords. The books, videos and content below provide detailed instructions on making the model work for your company. Equity is one of the, if not the, most common cause for startupteams to break apart.
The slicing pie handbook teaches, guides and inspires entrepreneurs to boldly enter business partnerships knowing that financial gains will be fairly distributed to all participants. How do you explain the slicing pie model to a lawyer. Slicing pie outlines a simple method for dividing equity in an early stage company that tells you exactly the right number of shares for each participant. Based on model popularized by the book slicing pie. Slicing pie handbook eu edition perfectly fair equity splits for bootstrapped eu startups books slicing pie handbook eu edition perfectly fair equity splits for bootstrapped eu startups. Right here, we have countless ebook slicing pie handbook perfectly fair equity splits for bootstrapped startups and collections to check out. This guide reveals the underlying conceptual learning of the game and gives you the key content for all accessible levels. Click download or read online button to get slicing the pie book now. If anything in this book sounds like legal advice its.
Some people want a 10,000foot view before diving in. I wrote this book, the pros are its a perfectly fair way to divide up equity during. The handbook is a bit newer, but both books describe the same model. In the early days you can use equity to get the things you need to start your company including help, equipment, supplies, rent and even credit. Jun 15, 2017 baking and slicing the pie of shares, yummy and fair. The slicing pie handbook is a musthave guide for every entrepreneur who wants to attract the best people, partners and contributors to help grow their company.
With his book slicing pie, mike moyers explains his methodology with. In their minds, this opens up a legal and tax can of worms. Agreement templates cofounding helping teams build. Allow it to self adjust over time dynamic your share % theoretical value of your contribution. Slicing pie grunt fund cheat sheet summary calculations the following table summarizes the theoretical value aka slices of the various ingredients for use in a grunt fund. Making lump sum payments with the slicing pie pie slicer software duration. We help entrepreneurs set up and share equity fairly. Slicing pie is a short book and its easy to read, but the concept of a dynamic equity split isnt widely understood. Detailed explanations and justifications can be found in the book slicing pie and the slicing pie handbook. The slicing pie handbook outlines a framework for perfectly fair equity splits for earlystage, bootstrapped startup companies. Entrepreneurs and earlystage company participants get taken advantage of so frequently that we hardly notice.
You can also use the slicing pie methods to retrofit the dynamic equity accounting and reconstruct a fair equity split based on the data. What are the pros and cons of the slicing pie method of dynamic. Slicing pie a straightforward process for implementing a dynamic, or organic equity split in an earlystage startup that ensures the fairest equity split possible. Jump to localized slicing pie cofounder agreements templates. Slicing pie funding your business without funds by mike moyer. Full version slicing pie handbook european union edition for. The entire system is made up with proven ways for regular people just like you to get started making money online.
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