Method of dynamically allocating equity in a pre-funding StartUp based on tracking of inputs (time and other resources). Actually it doesn't allocate equity, it allocates a Promise of Equity - at the time of funding the conversion of relative Promises converts into actual equity.

  • so basically each person agrees to a fake hourly rate

cf BetterMeans, Love Machine

From Mike Moyer

app to run system

What if you intend never to take funding (BootStrap), never to have a liquidity event? Then you're really talking about profit-sharing and/or a co-operative....

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