New ask Hacker News story: Ask HN: Investors who also are co-founders, how did you deal with equity?
Ask HN: Investors who also are co-founders, how did you deal with equity?
3 by melonbar | 0 comments on Hacker News.
I am currently involved with a company that brought me on as an angel investor but I also have co-founder status (I am technical and worked with the CEO to help crank out our MVP, which even started generating revenue which is neat). And have about 1/3 of the equity in the cap table. They are very fair and the other two founders are great. We are trying to go by the book and I’m just curious how it would work with cliffs and vesting if I have provided material support in the form of cash infusions while also working directly. I have been involved long before VCs got interested and feel it fair that I don’t have as much of a cliff and a shorter vesting schedule considering I provided plenty of moolah. But I also want to stay and help them grow as best I can. That said I don’t want to do anything to upset upcoming VC meetings. Any suggestions or anecdotes from others with more experience would be fantastic. Thanks a ton, and happy almost Turkey Day :)
3 by melonbar | 0 comments on Hacker News.
I am currently involved with a company that brought me on as an angel investor but I also have co-founder status (I am technical and worked with the CEO to help crank out our MVP, which even started generating revenue which is neat). And have about 1/3 of the equity in the cap table. They are very fair and the other two founders are great. We are trying to go by the book and I’m just curious how it would work with cliffs and vesting if I have provided material support in the form of cash infusions while also working directly. I have been involved long before VCs got interested and feel it fair that I don’t have as much of a cliff and a shorter vesting schedule considering I provided plenty of moolah. But I also want to stay and help them grow as best I can. That said I don’t want to do anything to upset upcoming VC meetings. Any suggestions or anecdotes from others with more experience would be fantastic. Thanks a ton, and happy almost Turkey Day :)
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