Starting a business: How to split the pie ?
By Maxime Biais, Saturday 7 April 2007 at 05:41 :: Entrepreneurship :: #41 :: rss
Since few monthes, We (me and 2 others people) are trying to start our company. The first problem is we worked for it, we are working for it and we are going to work for it but not with the same ratio of time. Some worked part time and will work part time and others will work full time.
Second problem: One of the two others thinks that experience (age) must be taken in consideration to calculate the distribution. I don't think so, maybe because I'm the youngest, but really because knowledge of technical issues and target market are not directly related with experience.
I read this article about a method to split the pie. It helps me to clarify my thoughts but it didn't resolved the problems (mainly because numbers you puts in cells are purely subjective.
Note: I created a founders’ pie calculator based on the article but with some improvements (Cash contribution and Venture Capitalist dilution). Here is the open document spreadsheet (available in excel format, converted by openoffice).
We didn't agree on the repartition yet, so I will surely post another entry about this subject.




Comments
1. Sunday 1 July 2007 at 02:34, by Amnon Cohen
2. Friday 24 October 2008 at 10:16, by Tzury Bar Yochay
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