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Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

We agree on an equity split, vesting, and initial compensation structure. We agree that upon raising capital, each team member will earn $X, perhaps with an automatic bump to $Y upon achieving agreed-upon milestones. Once we’ve executed all the steps above, we go to VCs and raise seed capital of $1-2m. Sounds great!

America 60
article thumbnail

Seeking CEO+team for VC-backed startup: Make America Functional Again

David Teten

We agree on an equity split, vesting, and initial compensation structure. We agree that upon raising capital, each team member will earn $X, perhaps with an automatic bump to $Y upon achieving agreed-upon milestones. This work is unpaid, as with any other startup at the pre-seed stage. See Ready to Join a New Management Team?

America 60