Anand Narayan

27%
Flag icon
Cash is given a higher premium because it’s much harder to save money than it is to earn money. The multipliers recognize the difference in scarcity between cash and non-cash contributions. Most (not all) people have more time than money. The higher multiplier provides incentives to people to contribute cash. After all, cash is king!
The Slicing Pie Handbook: Perfectly Fair Equity Splits for Bootstrapped Startups (Mike Moyer's Virtual Dojo)
Rate this book
Clear rating
Open Preview