Grunt Glossary

Fat Grunt: A person who has more than his or her fair share of the equity relative to other participants.

Grunt: a person who works in a startup doing whatever it takes to make the company a success.

Grunt Hourly Resource Rate or GHRR!: the theoretical value of one person’s time relative to another person’s time. It is not an actual value, it is used to calculate an individual’s percent of the pie.

Skinny Grunt: A person who has less than his or her fair share of the equity relative to other participants.

Theoretical Base Value or TBV: because start-up companies are assumed to have no actual value in a Grunt Fund we use theoretical values with allow us to understand how important one contribution is relative to another contribution. The TBV is the sum off all the theoretical values of all contributions from all participants. It is used to calculate an individual’s percent of the pie.