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 were allocated to an individual before any actual...

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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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An Infographic for Perfect Equity Splits

Posted by on Jan 30, 2015 in Blog | 0 comments

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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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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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