Fair and Square: Equity Splits for Startups
Monday, March 16
12:30PM - 1:30PM
Hilton Austin Downtown
Austin Chamber Offices
500 E 4th St
You and a partner start a new company and go in 50/50. You do all the work, but he owns half your company – now what?
Poor equity splits are among the leading cause of failure for startup companies because even small mistakes can demotivate employees or destroy working relationships.
Dynamic equity splits allow founders to calculate exactly how much equity each person in the company deserves based on their individual contribution to the company's success. Dynamic equity splits account for time, money, ideas, relationships and other resources. Plus, they continually adjust to remain in balance throughout the early stages of a company's life cycle.
Attendees will learn how to implement a perfectly fair equity split for their company that will make things fair and keep things fair. This seminar is a lifesaver for any boot-strapped startup that wants to leverage equity to start their company with little or no cash.
Lake Shark Ventures LLC
Mike Moyer is an entrepreneur who has started a number of companies including Bananagraphics, a product development and merchandising company, Moondog, an outdoor clothing manufacturing company; Vi...Show the rest
Mike Moyer is an entrepreneur who has started a number of companies including Bananagraphics, a product development and merchandising company, Moondog, an outdoor clothing manufacturing company; Vicarious Communication, Inc, a marketing technology company for the medical industry; Cappex.com, a site that helps students find the right college; and College Peas, LLC which provides publications and consulting on a variety of topics including, college admissions, trade shows and job search. In addition to his experience as an entrepreneur he has held a number of senior-level marketing positions with companies that sell everything from vacuum cleaners to financial data services to motor home chassis to luxury wine.
Mike teaches Entrepreneurship at Northwestern University and the University of Chicago Booth School of Business.
He has an MS in integrated marketing from Northwestern University and an MBA from the University of Chicago.Hide the rest