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    Embarke CoFounder Equity Split Template1

    Uploaded by

    Luvnit Sawhney
    This document provides guidance for founders to evaluate their strengths, weaknesses, and equity splits. It includes several templates for founders to independently rate themselves and each other in key areas from 0-10 or 0-15, then compare and discuss their responses. The key areas covered include the idea, business plan, expertise, commitment, responsibilities, and risk tolerance. Additional templates evaluate technical skills, marketing, sales, advisors, and financial management. Recommendations suggest founders independently fill out templates, then discuss to gain insight and reach agreement on equitable equity splits ranging from 5-500% depending on each founder's contributions and commitments to the venture.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Embarke CoFounder Equity Split Template1

    Uploaded by

    Luvnit Sawhney
    1K views10 pages
    This document provides guidance for founders to evaluate their strengths, weaknesses, and equity splits. It includes several templates for founders to independently rate themselves and each other in key areas from 0-10 or 0-15, then compare and discuss their responses. The key areas covered include the idea, business plan, expertise, commitment, responsibilities, and risk tolerance. Additional templates evaluate technical skills, marketing, sales, advisors, and financial management. Recommendations suggest founders independently fill out templates, then discuss to gain insight and reach agreement on equitable equity splits ranging from 5-500% depending on each founder's contributions and commitments to the venture.

    Original Description:

    How to split equity with co-founders

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    This document provides guidance for founders to evaluate their strengths, weaknesses, and equity splits. It includes several templates for founders to independently rate themselves and each other in key areas from 0-10 or 0-15, then compare and discuss their responses. The key areas covered include the idea, business plan, expertise, commitment, responsibilities, and risk tolerance. Additional templates evaluate technical skills, marketing, sales, advisors, and financial management. Recommendations suggest founders independently fill out templates, then discuss to gain insight and reach agreement on equitable equity splits ranging from 5-500% depending on each founder's contributions and commitments to the venture.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    1K views10 pages

    Embarke CoFounder Equity Split Template1

    Uploaded by

    Luvnit Sawhney
    This document provides guidance for founders to evaluate their strengths, weaknesses, and equity splits. It includes several templates for founders to independently rate themselves and each other in key areas from 0-10 or 0-15, then compare and discuss their responses. The key areas covered include the idea, business plan, expertise, commitment, responsibilities, and risk tolerance. Additional templates evaluate technical skills, marketing, sales, advisors, and financial management. Recommendations suggest founders independently fill out templates, then discuss to gain insight and reach agreement on equitable equity splits ranging from 5-500% depending on each founder's contributions and commitments to the venture.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 10
    At a glance
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    The founders are evaluating each other's commitment, skills, and responsibilities for the startup. They are using templates to assign percentages and weights to divide equity.

    The founders are evaluating each other's ideas, business plans, expertise, commitment, responsibilities, and risk tolerance for the startup.

    Technical skills, UI/UX, market segmentation, product development, marketing, sales, advisors, legal, and access to capital are some of the important resources mentioned.

    THE BASICS: Fill in any fields that are yellow and green.

    Do not touch grey boxes.


    Follow BOLD instructions at top of each box (some work diff
    Do this as a team.
    Be HONEST with each other, and be OPEN to new knowledg
    This is a guideline. Not a definitive answer. Only you, as a
    Recommended that each founder fills this out INDEPENDEN
    This will not be an easy task. But you will learn a lot about
    Want more context? Read this post:
    http://al.bsharah.com/co-founders-its-time-to-spl

    Fill in all colored fields with a scale of 0-10 (10 being highest)
    (based on sample template, don't recall source)

    Weight Founder 1 Founder 2 Founder 3


    Idea 14 10 4
    Bus. Plan 20 10 10
    Expertise 20 10 10
    Commitment 16 9 7
    Responsibilities 20 10 10
    Risk 18 8 10
    CEO 10 10 0

    54% 46% 0%

    Fill in all colored fields with a scale of 0-10 (10 being highest)
    (based on Embarke's 20-things required in our first 3 months)

    Weight Founder 1 Founder 2 Founder 3


    Technical 20 10 10
    UI/UX 16 7 9
    Market Segment 20 10 10
    Product Development 20 10 10
    Marketing 19 10 9
    Sales 20 10 10
    Advisors 17 10 7
    Financial 17 10 7
    Legal 20 10 10

    51% 49% 0%

    Fill in yellow fields within the scale noted in grey


    (based on Dan Shapiro's Blog Post)
    http://www.danshapiro.com/blog/2011/04/startup-cofounder-equity-split/

    Weight Founder 1 Founder 2 Founder 3


    Start 100 100 100
    Get things Started 5% 3% 2%
    Ideas are Precious 5% 5% 0%
    First 5%-25% 25% 10%
    CEO 5% 3% 2%
    Full-Time 200% 150% 50%
    Reputation 50%-500% 100% 100%
    Investment (value)

    67% 33% 0%
    ach box (some work differently than others).

    OPEN to new knowledge.


    answer. Only you, as a team, can become comfortable with your decisions.
    s this out INDEPENDENTLY of everyone else. Then, you discuss why for each.
    u will learn a lot about each other during this process if you do it right.

    unders-its-time-to-split-that-equity/

    being highest) Fill in all yellow fields within the scale noted in grey
    (based on Tyson McDowell's presentation - he stated it's missing stuff

    Founder 4 Scale Founder 1 Founder 2


    Source of Main Idea? 0-15 15 0
    Business Guy? 0-5 5 5
    Brings Access to Market? 0-10 10 10
    Brings Access to Capital? 0-10 4 0
    Content Guy? 0-5 5 5

    0% 66% 34%

    being highest) Fill in all colored fields with a scale of 0-10 (10 being hi
    (based on Stephen Mead's pyramid of required resources)

    Founder 4 Weight Founder 1 Founder 2


    Vision / Direction 10 7
    Technology 6 6
    Business Development 7 7
    Marketing 10 10
    Team Recruiting 8 8
    Sales 0 0
    Operations 10 8
    Finance 8 7
    Strategy / Execution 10 8

    0% 53% 47%

    Average of all Percentages

    Founder 4 Founder 1 Founder 2


    58% 42%

    0%
    oted in grey
    ed it's missing stuff)

    Founder 3 Founder 4

    0% 0%

    10 (10 being highest)

    Founder 3 Founder 4
    Create finished product in mind, have a clear goal of end product.
    Builders, programmers, infrastructure
    Finding new customers, building relationships, competition. Not alway
    Define message, consistency, think what's in it for customer?
    Know strengths, weaknesses, realize important areas of company, bui
    A closer, shoots at elephant until it's yours!
    Gears of the company, coordination, direction of projects.
    If you are weak in the numbers, be strong in the books.
    Who are you? Build blue-print to get from vision to product. Define go

    0% 0%

    Founder 3 Founder 4
    0% 0%
    goal of end product.

    s, competition. Not always closer, but opens doors.


    it for customer?
    nt areas of company, build diverse advisory board strong in lacking areas, sell big vision for others to be part of

    n of projects.
    the books.
    sion to product. Define goals/strategies. Devil's advocate.
    n for others to be part of.

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