Sometimes 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…
Perfect equity splits for startupsYou and a partner go in “50/50” on a new business. You do all the work, he owns half the company. Now what? Traditional equity splits are never fair. A company policy is a rule of conduct that is designed to serve the interests of both the company and the individual. Policies are shared with employees and help them do their job. Like all smart companies, Slicing Pie companies keep track of what happens. Unfortunately, earning pie with hours does provide incentive to work more hours which is something you will want to keep a close eye on. In some cases, you may want to provide extra encouragement for getting something done and extra… Extreme caution should be taken when selling equity for cash to avoid legal, ethical and tax consequences. 5722010174/01.15 DE/UK/FR/ES/PT/IT/NL/DK/NO/SE/FI/PL/CZ/SK/ HU/HR/SI/TR/RO/MD/GR/RU/UA/KZ/Arab In Slicing Pie I recommend providing a sliding scale buyout to freelancers and consultants who provide services to the company. In this scenario the consultant can earn up to 200% of their base rate in pie if you are unable to pay them.
In my experience, once someone understands how Slicing Pie works it will be obvious why it works and implementing it will seem much more straightforward. If your lawyer doesn’t want you to use Slicing Pie and isn’t willing to learn about… Once in a while I’ll get an email or read a review from someone who is skeptical about tracking hours because they are concerned that time alone isn't a good measure of contribution. In the introduction to Slicing Pie there is a story about partnerships. In the story you and I decide to clean a house together for $50 and things get complicated. [box type="info"] If you haven’t read the book you can have a free sample… The FoodTools machines below are designed for round cake slicing. Bundt cake, cheesecake, layer cake, pie, fruit pie, dessert pie, and tort cakes are examples of round products that can be easily and accurately portioned utilizing FoodTools… Then we evaluate information slicing’s churn re-
Good News! Pie Slicer now gives you a better look at your pie. With a visual view of the evolution of your fund, you'll see who made the most of the month. If you only have a month record of contributions, you'll view the Fund Evolution by… In the event of separation, Slicing Pie creates appropriate consequences for the at-fault party to discourage people from making decisions or engaging in behavior that could harm others. The Cork Slicer is designed to handle standard 1 1/4" cork, burl and colored rings. The slicer is designed to cut 1/8" slices out of the rings. If you have split equity in your startup, you’ve probably made one of these horrible mistakes:You split equity at the outset of the venture before work had really begun.You split equity into fixed, usually equal, chunks (50/50, 60/40, 25/25… Throughout the book, Slicing Pie, I reference a variety of additional material designed to supplement or elaborate on the content in the book. You can find this material here. Thank you for reading my book! I 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…
Extreme caution should be taken when selling equity for cash to avoid legal, ethical and tax consequences. 5722010174/01.15 DE/UK/FR/ES/PT/IT/NL/DK/NO/SE/FI/PL/CZ/SK/ HU/HR/SI/TR/RO/MD/GR/RU/UA/KZ/Arab In Slicing Pie I recommend providing a sliding scale buyout to freelancers and consultants who provide services to the company. In this scenario the consultant can earn up to 200% of their base rate in pie if you are unable to pay them. Not long ago I was approached by one of my students at Northwestern who was distraught over a situation in her fledgling company that she had started in my entrepreneurship class. She said that her group had decided to split the equity in… There 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…
Slicing Pie allocates slices of the pie when contributions to the company are put at risk. When you spend an hour working on company affairs, for instance, you are taking a risk that you will never get paid for your contribution.
