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eggsalad
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by
eggsalad
14y ago
Instead of equity I've also been thinking of a commission on each product sold, once the product gets to market. Hopefully it will be ready for sale in 6-9 months, but there does appear to be significant demand for the product, so that mig
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by
eggsalad
14y ago
I believe it is currently an LLC, with a bunch of private investors (wealthy individuals, not VCs). I also spoke with a lawyer, and they didn't foresee any issue with profit sharing. Can you be more specific on why you think it might be i
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by
eggsalad
14y ago
This is an excellent point, I've been thinking about setting up a commission structure. Say 5% commission from each product sold. Do you have any thoughts on commission versus equity?
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Ask HN: Accepting equity - What terms? How to ensure that the equity has value?
2 points
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eggsalad
14y ago
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8 comments