Slicing Pie:the Game
The benefits of a dynamic equity split are painfully obvious once you understand the basic concept. However, if you don’t understand the basic concept you will keep making bad mistakes with a fixed equity program. To help people of all ages better understand how dynamic splits work, I have created a board game that takes players through the ups and downs of starting a company from start-up to sale in only a few short minutes! My original plan was to use the game in the entrepreneurship classes that I teach, but even my kids have enjoyed playing even though they are young (six and...
Read MoreSlicing Pie for the Small Business Centr
See a complete overview of Slicing Pie and how to implement your very own Grunt Fund. Mike Moyer, the author of Slicing Pie, presents the concept for the Small Business Center.
Read MoreGrunt-Fund Friendly Lawyers
Please contact me if you would like to be connected with a lawyer who understands how to implement a dynamic equity split. If you are a lawyer who understands how to implement a dynamic equity split please contact me so I can add you to my list!
Read MoreAdvisory Board Member Letter
When inviting a Grunt to join an Advisory Board for a company using a Grunt Fund care must be taken to set expectations about compensation. It’s important that they understand how a Grunt Fund works and that they are not entitled to cash compensation. Click below to download a sample Advisory Board Member letter for a company using a Grunt Fund. ...
Read MoreDilution is not a Four-Letter Word
Few events strike as much fear in the hearts of start-up investors as dilution. Many go through great lengths to include anti-dilution clauses that protect the specific percent share of a company that they signed up for. If they buy or earn 10% of a company then they want to keep 10% of the company, often with little thought to the underlying value of the company. Dilution, however, isn’t necessarily a bad thing. In fact, dilution can be a great sign that your company is growing and doing the right things. Dilution is a natural adjustment in ownership that occurs when the company...
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