Bootstrapper Equity: Why Time-Based Vesting is a Waste of Time

Posted by on Jul 13, 2015 in Blog | 4 comments

Any startup attorney or experienced entrepreneur will prudently recommend a time-based vesting schedule for early-stage employees who accept equity in lieu of cash compensation. A vesting schedule prevents a slacker employee from walking away from your company with a chunk of equity when they quit or fail to perform. In my opinion, such agreements are a waste of time and money because they are simply a Band-Aid over a much larger, gaping wound that is the underlying equity agreement. A vesting schedule implies that a fixed number of shares...

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Noam Wasserman’s Equity Checklist

Posted by on Mar 18, 2015 in Blog | 0 comments

Noam is a professor at Harvard University who has studied founder’s issues extensively. His book, The Founder’s Dilemmas, covers the major mistakes that founders make. One of them, of course, is equity splits. In the video below, Noam talks about the main problem with most...

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Slicing Pie in 12 Slides

Posted by on Feb 4, 2015 in Blog | 1 comment

Here is my attempt to explain Slicing Pie in as few slides as possible:

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Executive View: See What the Leader can See

Posted by on Jan 28, 2015 in Pie Slicer Updates | 0 comments

Hi there! We have introduced new views for better management. The Leader’s view, the Executive’s view, and the Employee’s and Adviser’s view. We’ve got a lot of request lately regarding being able to see everything in the fund even if you are not a leader. The Pie Slicer team now added a new feature for your executives. Executives will now have their view of the Pie similar to what the leader can see! Executives can see everyone in the Fund, what their contributions are, and how much do they own. For existing...

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Pie Slicer Analytics is Here!

Posted by on Jan 12, 2015 in Pie Slicer Updates | 0 comments

Good News! Pie Slicer now gives you a better look at your pie. With a visual view of the evolution of your fund, you’ll see who made the most of the month. If you only have a month record of contributions, you’ll view the Fund Evolution by week instead. To see your Analytics page, you can go to Reports > Analytics Happy...

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Fair & Square for Pie Slicer Users

Posted by on Dec 16, 2014 in Pie Slicer Updates | 0 comments

As a Pie Slicer user, you are entitled to a free copy of Fair & Square- the Pie Slicer Companion Guide. Fair & Square covers the Slicing Pie model in detail and provides tips and advice for getting the most out of the Pie Slicer application. DOWNLOAD NOW If you would like to purchase a print copy of the book please click here and use this discount...

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Interview with the Growing Entrepreneur with Dave Goodwin

Posted by on Dec 2, 2014 in Blog | 0 comments

Below is a podcast interview with Dave Goodman from the Growing Entrepreneur. Click here to view his post on and a complete transcript of the interview.

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Pie Slicer Beta Ending

Posted by on Dec 1, 2014 in Pie Slicer Updates | 0 comments

Thank you to everyone who participated in the Pie Slicer beta program! We really appreciated your ideas and feedback, but the program is coming to an end! The beta site is going to be taken down on December 16th, 2014. If you are a beta user and you would like to continue to access your Pie, you will need to upgrade to one of our paid subscriptions which start at $5 per month per Pie with unlimited participants.

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The Slicing Pie Presentation Deck

Posted by on Dec 1, 2014 in Blog | 0 comments

Here are my most recent (December 2014) presentation slides for Slicing Pie. I update them from time to time! Perfect Equity Splits for Startup Companies from Mike...

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