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George Deeb is the Managing Partner at Chicago-based Red Rocket Ventures , a startup consulting and financial advisory firm based in Chicago. There are a lot of variables to go into calculating a fair equity split a startup team. How do you manage your equity split in your company? How important is this person’s role?
Be sure to leave plenty of equity for investors. You will likely need to raise more rounds of capital than you originally anticipated. With little to no revenue, many early stage entrepreneurs turn to the Co-Founder model to build credibility for their startup when raising seedcapital.
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