CTO Equity - Negotiation After Funding
SoCal CTO
JANUARY 18, 2011
There was an informal verbal agreement that I would work for a certain hourly rate for my time. During that time one of the founders had mentioned that for the initial agreed time (3 months, equivalent dollars could be translated to 2% of equity but no agreement was reached at that time). Likely this greatly affects cash vs. equity.
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