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Blog postI published a sample Slicing Pie offer letter a few years ago and it has been a very popular download. Last week I took another look at it and made some updates. The key is to make it clear that the participant is being offered a position with an agreed-upon fair market salary, but that no actual salary payments are being promised or implied and that Slicing Pie will be used for the equity split. It’s also good to cover basic expectations with regard to responsibilities, work product and time
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Blog postI’ve started work on a new book, called Slicing Pie À La Mode, which will cover a number of topics related to Slicing Pie in more depth including:
Consulting Companies Real Estate Deals Bonus Programs Incubators and Accelerators (“Nested” Pies) Company Polices I’d like your input with regard to other topics I should be sure to include. Your ideas are welcome!
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Blog postBad equity agreements are extremely common. The prevailing wisdom—worldwide—about how equity is split is virtually guaranteed to cause problems. I take calls and get emails literally every day from people trying to figure out a fair split within the flawed logic of conventional wisdom.
What’s really scary is that the conventional wisdom is perpetuated by smart, well-meaning, experienced people who, at their core, think they are providing good advice. The good news is that there is a f -
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Blog postThere is more than one way to make a Pie from a legal standpoint, the big issues relate to how shares are actually issued in a way to avoid unnecessary taxes. All equity-split models create more or less tax exposure depending on how the deal is executed. In some cases, the final split can be adjusted upon termination of the Pie even if shares have already been issued.
For instance, a team may have issued each founder a fixed number of shares at the outset of the venture and would like -
Blog postFairness is a central element of human morality, but it is also an instinct of our primate brethren. An attendee of a Slicing Pie event in Seattle brought this to my attention (thanks Jim!) by sharing a fascinating video of how monkeys behave when they sense unfairness.
In my experience, humans also have an innate sense of what is fair and unfair. This monkey-brain sense is often suppressed by our human-brain rationalization. When it comes to unfair traditional equity splits, people t -
Blog postSlicing Pie seminars and workshops are a great way to learn about the power of dynamic equity splits and how to treat everyone in your startup fairly. We are pleased to announce the following US public speaking events:
Presented by:Sponsored by: City
Date
Seattle, WA
Wednesday, February 14, 2018
Seattle, WA
Thursday, February 15, 2018
Charlotte, NC
Wednesday, March 14, 2018
Chicago, IL
Thursday, April 18 -
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Blog postSometimes people ask me if Slicing Pie is “legal.” The short answer is: yes, absolutely, Slicing Pie is completely legal and is never illegal. The long answer is slightly more nuanced because Slicing Pie isn’t a legal framework, it’s a moral framework – it’s a way of doing right by those who help you build a valuable business And, just like any other equity model that has ever existed, it is subject to the unique laws of individual countries.
There are almost 200 countries on this pla -
Blog postBonus programs are intended to motivate employees, but many of them do just the opposite. Usually coupled with a weak annual review process, the subjectivity puts everyone in an awkward position. Managers avoid arguments by overpaying bonuses, or justify lower bonuses by citing reasons outside their control (“it’s not in the budget!”)
I once took a job where the hiring manager said, “let’s keep it simple, I’ll pay you 10% of net income above 10% growth next year in my division as a bo -
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Blog postI spend most of my time thinking about equity splits and helping others create fair splits in their startup companies. In fact, I’d be willing to bet that there isn’t a single person on this planet who has put more thought into fair equity splits. I love the topic and look forward to continuing to pontificate about the virtues of the Slicing Pie model for years to come.
You’re probably not like me in this respect.
You may have other things on your mind, but I hope the importan -
Blog postI’ve been doing a lot of research lately into Blockchain, Bitcoin and Initial Coin Offerings (ICOs) and, like many people, I still find them pretty confusing. I’ve set up trading accounts and wallets and I bought a Bitcoin that I held for about an hour before realizing I hand mistakenly purchased an over-priced Bitcoin fund and not an actual Bitcoin! (Stupid, I know, I lost about $35.) I’ve even set up my web site to accept Bitcoin for books and legal agreements. No Bitcoin buyers yet, but I’
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Books By Mike Moyer
Slicing Pie: Fund Your Company Without Funds
Sep 04, 2012
by
Mike Moyer
$9.99
Available for download now.
$13.49
$16.95
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$8.07
(37 Used & New offers)
$0.00 Free with Audible trial
Available for immediate download.
$8.99
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$14.95
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$10.94
(25 Used & New offers)
by
Mike Moyer
$9.99
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$15.95
In Stock.
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$3.98
(39 Used & New offers)
How to Make Colleges Want You: Insider Secrets for Tipping the Admissions Odds in Your Favor
Oct 08, 2014
by
Mike Moyer
$9.99
Available for download now.
$15.99
Only 4 left in stock (more on the way).
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$1.42
(59 Used & New offers)
Get Them Gators! A Primer on the Power of Dynamic Equity Splits for Potential Investors, Partners and Employees
Nov 15, 2013
by
Mike Moyer
$0.99
Available for download now.
Insurance Basics: A Look Behind the Scenes at an Exciting Industry (Business Basics) (Volume 2)
Jul 21, 2015
$19.95
In Stock.
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$18.87
(13 Used & New offers)
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