Slicing Pie

Funding Your Company without Funds

By: Mike Moyer

Narrated by: Kevin Young

Length: 4 hrs and 11 mins

Publisher's summary

You and a partner go into business together and split the equity 50/50. You do all the work and your partner slacks off. He owns half your business - now what?

Slicing Pie outlines a process for calculating exactly the right number of shares each founder or employee in an early stage company deserves.

You will learn:

• How to value the time and resources an individual brings to the company relative to the contributions of others
• The right way to value intangible things like ideas and relationships
• What to do when a founder leaves your company
• How to handle equity when you have to fire someone
• Important issues to discuss with your lawyer
• Much more

Research shows that dynamic equity split models, like the one outlined in Slicing Pie, is the best way to avoid conflicts as the company grows. The new and improved Version 2.3 contains updated information about legal issues, idea valuation, retrofitting, and much more!

©2012 Michael Moyer (P)2014 Michael Moyer

Good, but would like to see a second edition...

... because I read on the author's own blog how times have changed and he would have taken things out of the book or change them if you were to do it again. Let's get that knowledge out there. And also let's get a few variations that can work with founders who are also investors and/or incubators or Startup studios.

Great approach to really fairness on equity

It truly makes it simpler to split the equity and treat everyone fair regarding allocation of equity

Laugh out loud learning

This has been one of the most entertaining books I have heard since I started my personal growth journey. Not only is the book jam packed with real life practical insight, it keeps you engaged with quick witted humour. After I finished it I was looking for the next 10 people I could share this treasure with. Thank you Mike!

This is a Godsend for startups

I've started a company with a relative before, and it was a disaster.

The way it works with 50/50 deals is that one partner (me, in this case) does the work, makes things happen, and contributes to the success of the company. The other partner still gets paid as if they are contributing as much.

Resentment builds, and an imminent showdown occurs where friendships can be tested or lost, and the real work of who gets what after the fact is finally done--or not, it just gets dissolved.

THIS METHODOLOGY SAVES THAT FROM HAPPENING!

I love the concept, and we are using this to start our new company. I'm excited about it, and the business will be better as a result.

Thank you, Mike Moyer for putting this out into the world!

clarity how to reward contribution

Mike brings clarity and a strategy to reward those who help build based on their contribution rather than negotiation ability and timing. won't be popular with some but for me I now have a way to reward my team where they can earn their ownership in what we are building. recommend reading this before you start inviting you team members to join.

it is a good book for startups

it is a good book for startups it is a good book for startups it is a good book for startups

Mike gets the MVP award!

This book is one of those books that you think you're going to get something good out of it so you go ahead and order it and then once you get into it you realize it has even more gems than you originally thought.

This book outlines the only fair way to distribute equity and encourages everyone in the business to work towards a common goal and takes the tension out of the negotiations over splits.

I had some questions after I read the book and was able to email Mike and he responded within an hour. Later I was able to have a quick conversation with him on the phone that was incredibly helpful. I am deeply impressed by Mike and this book.

This book should be required reading for every entrepreneur in a start up. Don't hesitate. Buy this book!

A must for any starting entrepreneur

Mike Moyer does an excellent job at conveying often complex principles into layman's terms. His honest, transparent, and equitable approach to start-up establishes a solid foundation for anyone considering a new entrepreneurial endeavor. Like he says, "Life isn't fair", but Slicing the Pie should give you an advantage .

Thought Provoking/Nice Alternatives

Perfect length, thought provoking ways to handle equity buildup. will need to send a few questions about sweat equity for book 2!

Great ideas, concise and to the point

Great ideas, well told with sufficient examples, concise and to the point. Y O